Key data

Our portfolio size

Making a financial return means we can recycle the money into new investments, to create jobs and pay taxes beyond our involvement. In 2019, we made £1.66 billion of new commitments and increased our portfolio to £4.7 billion.

Our portfolio size

2011

$3018m

2012

$3594m

2013

$4026m

2014

$4492m

2015

$4421m

2016

$4760m

2017

$5303m

2018

$5552m

2019

$5800m

How we invest in regions

Since 2012, we have only made new commitments in Africa and South Asia. At the end of 2019, we had invested in 1,228 businesses – 690 in Africa and 377 in our target countries in South Asia.

Regional breakdown of our portfolio

Africa

52%

South Asia

35%

Rest of World

11%

Top 10 countries we are invested in

India

27.6%

Nigeria

6.8%

Kenya

4.9%

South Africa

4.8%

Cote d Ivoire

4.5%

Morocco

4.2%

Bangladesh

2.9%

Cameroon

2.9%

China

2.5%

Egypt

2.4%

Regional breakdown of our 2019 commitments

Africa

52%

South Asia

27%

Pan-region (Africa + South Asia)

21%

Country breakdown of our portfolio

Country Valuation (m) Country Valuation (m)
India  $1,782.1 Gabon $39.0
Nigeria  $435.4 Mozambique $33.7
Kenya $321.2 Ethiopia $29.7
South Africa $307.4 Nepal $26.6
Cote d Ivoire $288.5 Cambodia $26.4
Morocco $269.9 Malawi $25.8
Bangladesh $188.3 Algeria $24.0
Cameroon $188.1 Sierra Leone $23.3
China $165.1 Malaysia $18.3
Egypt $158.1 Congo (Democratic Republic) $17.7
Pakistan $151.0 Zimbabwe $17.6
Uganda $149.6 Tunisia $16.6
Ghana $143.8 Indonesia $15.6
Zambia $140.2 Mauritius $14.8
Brazil $86.3 Vietnam $14.1
Tanzania $84.6 Madagascar $12.7
Myanmar  $78.4 Senegal  $9.6
Rwanda  $6.4

How we invest in sectors

Our seven priority sectors are financial services, infrastructure, health, manufacturing, food and agriculture, construction and real estate, and education. 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.

Sector breakdown of our portfolio

Financial services

30%

Infrastructure

28%

Food and agriculture

5%

Health

<6%

Manufacturing

6%

Construction and real estate

4%

Education

2%

Other

19%

Sector breakdown of our 2019 commitments

Infrastructure

23%

Financial services

53%

Health

3%

Other

17%

Food and agriculture

3%

Education

,1%

Manufacturing

0%

Construction and real estate

0%

How we invest in different product types

We provide the flexible long-term investment that many businesses in developing countries need to grow. This capital is provided in different ways, through direct equity, intermediated equity, debt and trade finance.

Product breakdown of our portfolio

Intermediated equity

41%

Direct equity

38%

Debt

20%

Guarantees

1%

Product breakdown of our 2019 commitments

Intermediated equity

17%

Direct equity

24%

Debt

27%

Guarantees (unfunded)

32%

The impact of our investments

In 2019, our portfolio of businesses in Africa and South Asia provided direct jobs for 875,790 people (in full-time equivalents). Of these workers, 42,130 were new hires in 2019.

Direct jobs supported at the start of the year by our investee companies

2014

509,200

2015

632,070

2016

604,870

2017

671,150

2018

820,040

2019

833,660

Additional jobs supported at end of year

2014

23,800

2015

24,670

2016

43,950

2017

62,820

2018

32,090

2019

42,130

Direct jobs supported by our investee companies by country in 2019

Country Jobs Country Jobs Country Jobs Country Jobs
Afghanistan 118 Myanmar 3,131 Pakistan 28,980 Ghana 15,240
Burkina Faso 713 Madagascar 685 Zimbabwe 7,451 South Africa 58,944
Mali 130 Rwanda 1,565 Cote d Ivoire 16,244 Kenya 27,032
Niger 25 Senegal 851 Congo
(Democratic
Republic)
9,643 Nigeria 37,265
Malawi 3,274 Zambia 7,940 Ethiopia 5,147 India 489,022
Gabon 1,455 Cameroon 5,422 Sierra Leone 2,482 Total 9,962
Mauritius 342 Tunisia 7,063 Egypt 28,351
Algeria 3,577 Bangladesh 30,091 Tanzania 13,331
Mozambique 328 Morocco 12,006 Uganda 5,929

Direct jobs supported by our investee companies by region in 2019

Africa

36%

South and South East Asia

64%

Direct jobs supported by our investee companies by sector in 2019

Agribusiness

8.3%

Business services

9.3%

Communications

2.1%

Construction

,1%

Education

4.1%

Financial Services

19.1%

Healthcare

7.6%

Infastructure

6.1%

Manufacturing

17.9%

Microfinance

9.6%

Real estate

<1%

Trade

14.7%

Direct jobs supported by our investee companies by gender in 2019

Women

28%

Men

69%

Private sector capital our investments have helped mobilise: Organisation for Economic Co-operation and Development Method

2014

$1006m

2015

$1497m

2016

$1107m

2017

$690m

2018

$576m

2019

$876m

Private sector capital our investments have helped mobilise: Multilateral Development Bank Method

2014

$991m

2015

$1562m

2016

$1033m

2017

$593m

2018

$570m

2019

$917m

Taxes paid by our investee companies

2012

$2.19bn

2013

$2.14bn

2014

$2.34bn

2015

$2.6bn

2016

$4.1bn

2017

$3.5bn

2018

$3.24bn

2019

$3.31bn

Taxes paid by our investee companies by sector

Agribusiness

1.6%

Business Services

7.1%

Communications

42%

Construction

<1%

Education

<1%

Financial Services

23.1%

Healthcare

<1%

Infrastructure

9.4%

Microfinance

2.6%

Trade

7.6%

Taxes paid by our investee companies by country in 2019

Country Taxes paid Country Taxes paid
Afghanistan $98,340 Ethiopia $3,556,780
Malawi $3,307,396 Bangladesh $1,103,669,940
Gabon $28,896,506 Egypt $13,508,562
Pakistan $11,807,604 South Africa $161,074,010
Myanmar $8,018,904 Tanzania $84,051,335
Morocco $29,639,659 Ghana $34,815,797
Rwanda $5,447,896 Uganda $35,264,159
Zambia $18,317,169 Nigeria $448,455,310
Cameroon $60,783,483 Kenya $146,220,780
Cote d Ivoire $37,549,584 India $678,548,291

Gigawatt hours of electricity produced by our investments

2012

17,599

2013

29,097

2014

40,164

2015

56,400

2016

69,272

2017

46,311

2018

48,724

2019

57,000

Loans supplied by our investee companies

2012

$21.4bn

2013

$22.5bn

2014

$26.7bn

2015

$52.8bn

2016

$140.3bn

2017

$115.4bn

2018

$89.6bn

2019

$89.7bn

Find out more

For further information on our investments, please click here.

To see our IATI data from 2012-2018, please click here.

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