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CDC backs Nigeria's female entrepreneurs

Female-led businesses and SMEs in Nigeria will receive USD 100 million from the UK’s development finance body, which has also opened a new office in Ghana. ....

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UK's CDC rebrands amid new energy transition push

The CEO of the UK’s development finance institution – soon to be known as British International Investment – describes its ambitious multi-billion dollar plans for Africa. ....

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Africa needs to integrate infrastructure for impactful continental trade

Speakers at the UK-Africa Investment Conference have stated that Nigeria and other African nations need to establish and reinforce their infrastructure to make the goals of the Africa Continental Free Trade Agreement (AfCFTA) realisable. ....

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CDC Group Plans $1bn Investment in Africa

By Omolabake Fasogbon
Development Finance Institution and United Kingdom Impact investor have announced a commitment to invest not less than $1 billion in Africa’s businesses in 2021.
The commitment was made at the UK-Africa Investment Conference as part of efforts to expand CDC Africa portfolio with new investments.
African markets targeted for the investment included: Egypt, Ethiopia, Kenya, Nigeria and other continent’s harder-to-reach frontier markets, where significant development gains can be made.
The commitment will enable CDC to invest in great African entrepreneurs and SMEs, while driving inclusive growth and job creation across the continent, where over half of the institution’s portfolio is now invested. ....

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CDC to invest over $1bn in African businesses in 2021

CDC Group, the UK s impact investor and development finance institution (DFI), has announced a commitment to invest over $1bn again in African businesses in 2021.
The commitment will enable CDC to invest in many more promising African entrepreneurs and SMEs, and continue to drive inclusive growth and job creation across the continent, where over half of the institution’s portfolio is now invested.
The funds will be invested in financial institutions, infrastructure and climate, services, manufacturing, agriculture, real estate and technology.
CDC has unveiled its plans at the UK-Africa Investment Conference to expand its Africa portfolio with new investments in key markets including Egypt, Ethiopia, Kenya, Nigeria and the continent’s harder-to-reach frontier markets where significant development gains can be made. ....

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