This report takes an in-depth look at how the Impact Programme helped develop the impact investment market in developing countries in 2016. It reviews the new commitments made by its two investment vehicles – the Impact Fund and the Impact Accelerator – as well as its Technical Assistance Facility.
The Impact Programme was launched by the UK’s Department for International Development (DFID) in 2012. It was set up to provide opportunities to reach underserved people, develop nascent or frontier markets or support innovative business models. It is focused on investments in Africa and South Asia. Initially, The Impact Programme was co-ordinated by PriceWaterhouse Cooper with CDC managing its investments. Since 2017, the two investment vehicles have been moved onto CDC’s balance sheet.