This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
For funds, the countries listed here are those the fund has invested in so far.
- Ghana, India, Malawi, Morocco, Nigeria, South Africa, Tanzania, Tunisia
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. For funds, the sectors listed here are those the fund has invested in so far.
- Financial services
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- IFC (International Finance Corporation)
- 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
- December 2011
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.
Investments made by this fund
|Investment name||Country||Region||Sector||Start date||Status|
| UT Bank|
UT Bank is a privately owned small and medium enterprise bank in Ghana with over 25 branches. It targets primarily urban and semi-urban SME markets.
|Ghana||Africa, West Africa||Financial services||March 2012||Active|
| Diamond Bank|
Diamond Bank is the ninth largest universal bank in Nigeria (with a subsidiary in Benin Republic), with a strong focus on the SME and corporate sectors.
|Nigeria||Africa, West Africa||Financial services||September 2014||Active|
| Net1 UEPS Technologies Inc.|
Founded in 1989, Net1 UEPS is a South Africa-based financial technology and payments company offering a suite of card-based technology and mobile-centric financial services to low income segments of the population. Net1's smart card technology is especially suited for emerging markets due to its capability to work in an offline environment.
|South Africa||Africa, Southern Africa||Financial services||May 2016||Active|
| Ecobank (Formerly Oceanic Bank of Nigeria)|
Ecobank is a commercial bank in Nigeria listed on the Nigerian Stock Exchange.
|Nigeria||Africa, West Africa||Financial services||December 2018||Active|