OPIC Selects Ignite Corporate Financial Solutions as Originator in Enterprise Development Network
November 20, 2009
WASHINGTON, D.C. – The Overseas Private Investment Corporation (OPIC) has selected Ignite Corporate Financial Solutions (Ignite), a boutique financial consultancy in Johannesburg, South Africa, specializing in small and medium-sized enterprises (SMEs) in the sub-Saharan region, to serve as an originator for a growing alliance with the private sector designed to support SMEs expanding into emerging markets overseas.
The alliance, the Enterprise Development Network (EDN), is expanding the ability of OPIC – the U.S. government agency charged with facilitating U.S. private sector investment in emerging markets – 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 SME access to OPIC products and services. By empowering such service providers, the network is resulting in more efficient, cost-effective delivery of services to American businesses.
Ignite is based in Johannesburg, South Africa. Ignite has specialist divisions in accounting, tax and advisory services and has been active in many sectors of the SME arena since 2004. Visit Ignite on the web at www.ignitecfs.co.za.