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Reducing poverty - our development process
One of the most serious barriers to economic growth in poor countries is the shortage of risk capital to help promising businesses grow.
CDC’s business model is at the heart of long-term sustainable economic growth and poverty reduction.
CDC invests its capital with local fund managers based in developing economies. The Fund Managers in turn invest in promising local businesses. These companies expand and improve their business, employing people, paying taxes and raising standards. In the long term Fund Managers sell these companies and return profits to CDC and other investors. These profits are then reinvested by CDC.
Click on the numbers below to find out more.
“CDC has made a credible contribution to economic development in poor countries while encouraging other foreign investors to engage with them”.
The UK National Audit Office Report on DFID’s oversight of CDC, 2008.
AccèsBanque Madagascar
It is the first bank in Madagascar specialising in provision of financial services to very small enterprises and the Madagascan poor, for whom banking services have often been unavailable.