Gridworks Development Partners LLP

Africa Infrastructure

Fully capitalised by CDC, Gridworks aims to invest over US$300 million to improve Africa’s electricity networks. They will do this by developing and investing in transmission and distribution infrastructure, and in distributed renewable energy to delivers reliable and sustainable power.

Our investment

CDC's investment is to fund pipeline and portoflio management.

Expected impact

Gridworks will help accelerate the provision of reliable and affordable electricity to people and businesses, primarily in Africa.

The company aims to do this by working with governments, multilateral organisations and other investors to develop and invest in critical electricity network infrastructure.

Environmental and social aspects

CDC is 100% shareholder and we have embeded ESG principles into the company from the outset. In particular, health and safety is a core part of the approach when assessing opporutunities and working with portfolio companies.

Key facts


Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.


We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

Direct Equity
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

August 2019

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.


This is the investee company’s place of incorporation; or a fund’s jurisdiction.

United Kingdom