CDC invested $20 million in Au Financiers in 2013.
Our investment is part of a joint facility of up to $60 million that has been led by FMO, the Netherlands’ DFI. GuarantCo Ltd, an infrastructure focused guarantee fund, also invested $20 million.
Our investment will be used to expand AUF’s commercial vehicle finance business, and to help the company expand its lending to small and medium-sized enterprises (SMEs).
Environmental and social aspects
We also support the development of Au Financiers' environmental and social management system.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- South Asia
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.
- Financial services
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Direct Debt
- 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
- March 2013
- End date
For direct equity investments, this is the date at which CDC exited the investment.
For debt investments, this is the date at which the final debt repayment was made.
For funds, this is the date at which the fund was terminated.
For underlying fund investments, this is the date at which the fund manager exited the investment.
- March 2018
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.