US government agency, the Overseas Private Investment Corporation (OPIC) has selected Inter-Afrique Capital Limited, a financial services and advisory company based in Ghana, to serve as an originator for a growing alliance with the private sector designed to support small and medium enterprises (SMEs) expanding into emerging markets overseas.
A statement from the OPIC March 12, 2012 said the alliance – Enterprise Development Network (EDN), is expanding the ability of the corporation to “provide financing to SMEs doing business in developing countries.”
Inter-Afrique Capital is a financial services and advisory company licensed by the Ghana Securities and Exchange Commission, specializing in corporate, project, export and trade finance.
Through the support of financial institutions, business consultants, associations, law firms and regional investment promotion agencies, the statement said EDN is designed to enhance SME access to OPIC products and services.
The OPIC was set up to facilitate US private sector investment in emerging markets.
By Ekow Quandzie