21 May 2019

CDC’s Tenbite Ermias supports London Stock Exchange Group’s Companies To Inspire Africa 2019 in Kenya

London Stock Exchange Group (LSEG) Companies to Inspire Africa 2019 publication recognises over 360 dynamic businesses from 32 countries across Africa. Today it was celebrated in Nairobi, bringing together East Africa’s top performing businesses. This is one of six events held across the Continent in 2019.

Our Managing Director of Africa, Tenbite Ermias, joined a thought provoking panel to discuss how investing sustainably in businesses brings significant commercial and impactful value. M-Kopa, d.light were also on the panel, both businesses are CDC backed and successfully deliver affordable solar powered energy to households and small businesses.

CDC has again partnered with LSEG to champion over 360 exciting African businesses, showcasing them on a global stage. Representing seven major sectors, these businesses range from less than five to more than 1000 employees. Over a fifth are led by women and we are proud to showcase their performance and potential.

Tenbite Ermias, Managing Director of Africa, CDC Group, commented:

“It’s a privilege to champion more than 360 high performing businesses in the Companies to Inspire Africa publication. These companies are led by some of the Continent’s most dynamic management teams who shape the future of their industries.

I am delighted to have joined the panel today, highlighting the debate about investing sustainably in Kenya. Creating commercial value through impactful investing and related defined strategies is core to CDC’s mission. Our investments in M-Kopa, d.light and Globeleq highlight this.

With a further £3.5 billion to invest across Africa over the next three years, we plan to partner with many more strong management teams to help drive growth and prosperity through socially responsible business. We are thrilled to support LSEG in highlighting the breadth of commercial talent and tenacity from Africa’s thriving business community.”

To learn more about Companies to Inspire Africa listen to our podcast discussing the initiative and some of the business involved.

Contact

Clare Murray, CDC Group, cmurray@cdcgroup.com