Our investment
Our investment in MCP III will support well-established local firms that demonstrate strong potential for growth. Investments in these businesses will provide the capital and expertise to support expansion and will help create new direct and indirect jobs, particularly for semiskilled/unskilled workers in a region where youth unemployment is a particular challenge.
| Impact |
|---|
Supporting economic opportunities by creating jobs (SDG 8.5) |
|
|
| How? |
|---|
|
CDC's investment in MCP III will support the fund to invest in 8-12 companies supporting these companies growth and creating jobs. |
| Stakeholder | Geography | Characteristics |
|---|---|---|
| Employees |
North Africa and Francophone West and Central Africa (Morocco, Tunisia, Algeria, Egypt, Senegal, Cote d'Ivoire, Cameroon) |
Primarily low-income. |
| Grid Score | Contribution |
|---|---|
|
1.8-2.3
To help us direct our investments, we use a tool called the Development Impact Grid. The Grid scores every investment we plan out of a score of four, based on two factors: the difficulty of investing in the country and whether investment in that sector will lead to jobs. |
|
| Risk |
|---|
|
Execution: the impact case relies on the Manager's ability to deliver growth across investees. Alignment: the impact case also requires that the growth to investees businesses leads to job creation. |
Environmental and social aspects
We continue to support the fund manager in the implementation of its robust Environmental and Social Management System (ESMS), particularly in managing specific risks associated with this sector.
Key facts
- Status:
- Active
- Region
:
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Africa
- Website:
- https://www.mcapitalp.com/
- Investment type
:
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- Mediterrania Capital Partners
- Start date
:
For direct investments, this is the date CDC committed capital to the business or project.
For funds, this is the date that CDC committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- October 2019
- Amount
:
For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).
For funds, this is the total amount that CDC has committed to the fund.
- $27.3m
- Domicile
:
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
- Mauritius
