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The OPIC Blog
Featured photo: Secretary of State Hillary Clinton and OPIC President and CEO Elizabeth Littlefield at Rio+20June 29, 2012U.S. Secretary of State Hillary Clinton with OPIC President and CEO Elizabeth Littlefield after the announcement of the U.S.-Africa Clean Energy Finance Initiative in Rio de Janeiro, Brazil during the Rio+20 Conference on June 22, 2012. [Photo courtesy of Walter Mesquita] 
A pivotal year for foreign affairs, a banner year for OPIC: Read the fiscal 2011 annual reportMay 22, 2012OPIC recently published its annual report for fiscal 2011, a year that OPIC President and CEO Elizabeth Littlefield describes as “a pivotal year for foreign affairs and a banner year for the U.S. Government’s development finance institution.” Littlefield’s full letter is preinted below, and the complete annual report is available on OPIC.gov. When I embarked on my first full year at OPIC’s Monthly News Wrap-Up: March 2012March 29, 2012We frequently share the important pieces of journalism we find on our Facebook and Twitter feeds. Starting this month, we will also begin recapping on our blog some of the stories we consider most important to helping solve critical development challenges. This month there has been increased discussion over ways to encourage more economic development in Afghanistan in order to Global Development Supports Domestic DevelopmentJuly 29, 2011By Elizabeth Littlefield, OPIC President and CEO At first glance, the prospects for American foreign aid and investment might look grim these days. As debt ceiling discussions and proposed austerity measures cast a shadow on all federal spending, money spent or invested far from home might seem an easy target for deep cutbacks. But such a response would be based OPIC in the news: Moving Afghanistan from an “aid economy” to an “entrepreneurial economy”June 23, 2011CNN.com recently explored what happens when the military surge in Afghanistan ends, and highlighted how an OPIC-backed investment can help stimulate many times more the original amount in private-sector investment. “For a $20 million from OPIC,” it notes, “this catalogues $4 billion in private sector investment into the sector…. This shows a very small amount of money, very well applied, can |
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