Third International Conference on Financing for Development Invest Ahead - For People and Planet
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A £735m capital increase to CDC Group to invest in businesses to create jobs in the world’s poorest places

TypeGovernment announcement
CountryUnited Kingdom
Government typeCentral government
ScopeGlobal
ThemesInternational public finance

Description

The UK will make an injection of additional capital into CDC, which will be used to invest in businesses in Africa and South Asia to support job creation, crowd in additional private investment, and demonstrate that responsible investing in difficult markets can be financially viable.

Partners

CDC

Targets

The UK will make an injection of additional capital into CDC. £735m will be disbursed over 3 years.

Indicators

The UK will make an injection of additional capital into CDC. £735m will be disbursed over 3 years.

Resources

Resources committed: £735m

Timeframe

Funds will be disbursed over 3 years

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United Nations Department of Economic and Social Affairs

Financing for Development Office

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