In 2016, LafargeHolcim and CDC jointly committed $10 million to the joint venture.
CDC’s $5 million contribution was made through the Impact Accelerator.
Our investment enables 14Trees to commercialise innovative green building solutions at scale in sub-Saharan Africa and beyond.
Our investment is supporting the transition to net zero economies (SDG 13A) by improving environmental sustainability via increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes (SDG 9.4).
In addition, it increases economic opportunities by providing access to affordable housing (SDG 11) and other pubic service infrastructure and providing more environmentally sustainable infrastructure (SDG 9.4).
Environmental and social aspects
14Trees delivers reliable, affordable and environmentally-friendly building materials and facilitates the construction of affordable housing.
It will also contribute to lower greenhouse gas emissions and reduced deforestation.
With our support, the business will also strengthen the local construction industry by accelerating the adoption of green building standards and partnering with local entrepreneurs in the construction sector.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Kenya, Malawi
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
- June 2016
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.