DFID Impact Fund

The Impact Fund is managed by CDC and forms part of DFID’s Impact Programme, which aims to stimulate investment into businesses operating in Africa and South Asia that benefit vulnerable or underserved people.

With our long-term, patient approach, we invest DFID’s capital in intermediaries that have a clear strategy for addressing market failures and benefitting vulnerable and underserved people as consumers, producers or potential employees.

By proving that investing in businesses which benefit vulnerable and underserved people is both financially viable and has a hugely positive impact, it is hoped that the Impact Fund will catalyse further investment.

Our aims for the Impact Fund are:

  • Over 5 million vulnerable and underserved women and men using or benefitting from access to affordable goods and services such as health, agricultural services, food, energy, housing, education, and safe water or accessing new opportunities as employees or producers.
  • Investments in over 100 enterprises in sub-Saharan Africa and South Asia.
  • Additional private capital invested alongside the Impact Fund.

Examples of recent investments include in the Insitor Impact Asia Fund, which invests in companies providing essential goods and services in Myanmar, Pakistan, Cambodia and India. We’ve also invested in the Energy Access Ventures Fund, which specialises in providing off-grid energy in rural areas of East Africa.

Find out more

Impact Fund homepage (external link)

Read about the proposal process

Frequently asked questions