Print this pagePrint

Press Release

Wednesday, March 11, 2009

OPIC Selects Khazana Capital Limited as Partner in Small Business Network

WASHINGTON, D.C. –The Overseas Private Investment Corporation (OPIC) has selected Khazana Capital Limited, a consulting company with expertise in Afghanistan, to serve as a loan originator for OPIC’s new alliance with the private sector designed to support small and medium-sized enterprises (SMEs) expanding into emerging markets overseas.

The alliance, the Enterprise Development Network (EDN), will greatly expand OPIC’s ability to provide financing to SMEs doing business in developing countries.

Through the support of financial institutions, business consultants, associations, law firms and regional investment promotion agencies, EDN is designed to enhance SMEs’ access to OPIC products and services. By empowering such private sector service providers, the network will result in more efficient, cost-effective delivery of services to American businesses.

Khazana Capital Limited, established in 2007, is managed by Charles Skinner, managing director. It is a Kabul-based financial consulting firm that assists companies with the arrangement of financing for their domestic and export businesses, and is dedicated to providing high-quality financial consulting services to the Afghan marketplace.


OPIC is the U.S. Government’s development finance institution.  It mobilizes private capital to help solve critical development challenges and in doing so, advances U.S. foreign policy.  Because OPIC works with the U.S. private sector, it helps U.S. businesses gain footholds in emerging markets catalyzing revenues, jobs and growth opportunities both at home and abroad.  OPIC achieves its mission by providing investors with financing, guarantees, political risk insurance, and support for private equity investment funds.

 

Established as an agency of the U.S. Government in 1971, OPIC operates on a self-sustaining basis at no net cost to American taxpayers. OPIC services are available for new and expanding business enterprises in more than 150 countries worldwide. To date, OPIC has supported nearly $200 billion of investment in over 4,000 projects, generated $74 billion in U.S. exports and supported more than 275,000 American jobs.