First and Future

We are invested in First and Future through African Rivers Fund, which is managed by XSML.

We do not hold direct relationships with the companies that investment funds invest in. Instead, we hold relationships directly with the fund. When investing through investment funds, CDC takes an active role as a limited partner to the fund, working with the fund manager to ensure best practices, including in environment, social and governance matters, and investment management oversight.

First & Future is the first truly independent commercial call center in Congo. First & Future manages both on-site as well as their own off-site call center to service the growing need for customer service. As all other existing call centers are in-house and captive, F&F is the first to offer this service to all companies in DRC.

For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Investment type

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

Intermediated investment
African Rivers Fund
Fund Manager:
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

June 2019