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 2017, we made $1.4 billion of new commitments and our portfolio value increased to $5.3 billion.

Our portfolio size

2011

$3018m

2012

$3594m

2013

$4026m

2014

$4492m

2015

$4421m

2016

$4760m

2017

$5303m

How we invest in regions

Since 2012, we have only made new commitments in Africa and South Asia. In these regions, we invest in 715 business in Africa and 338 in South Asia.

Regional breakdown of our portfolio

Africa

49%

South Asia

37%

Rest of World

14%

Top 10 countries we are invested in

India

32%

China

8%

Nigeria

7%

South Africa

6%

Kenya

5%

Cote d Ivoire

5%

Pakistan

3%

Cameroon

3%

Zambia

3%

Ghana

2%

Regional breakdown of our 2017 commitments

Africa

48%

South Asia

37%

Pan-region

15%

Country breakdown of our portfolio

Country Valuation Country Valuation Country Valuation
India $1,677,882,936 Myanmar $43,967,809 Gabon $15,082,166
China $381,109,326 Ethiopia $29,870,356 Colombia $14,557,899
Nigeria $363,121,153 Algeria $27,305,881 Sierra Leone $10,837,734
South Africa $322,244,418 Malawi $8,338,746 Senegal $8,338,746
Kenya $267,803,999 Mozambique $26,755,221 Philippines $6,853,503
Cote d’Ivoire $250,322,798 Vietnam $25,567,124 Madagascar $6,569,529
Pakistan $182,961,215 Indonesia $23,415,236 Burkina Faso $5,840,739
Cameroon $158,290,642 Morocco $21,553,234 Rwanda $4,837,814
Zambia $146,124,584 Malaysia $21,236,576 Mali $4,134,863
Ghana $130,242,177 Egypt $21,015,453 Peru $4,008,591
Uganda $120,962,048 Cambodia $19,041,084 Thailand $3,881,217
Tanzania $14,171,334 Mexico $18,965,457 Niger $1,762,972
Brazil $91,466,451 Mauritius $17,692,202 Kazakhstan $1,708,151
Bangladesh $80,921,169 Zimbabwe $17,589,023 Liberia $1,158,456
Congo (Democratic Republic) $54,400,847 Tunisia $16,699,009 Costa Rica $1,153,705

As some of our investments have operations in multiple countries, they are not included in this individual country information. For confidentiality reasons, data has also been removed for countries where we have fewer than three investments.

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

Infrastructure

23%

Financial services

24%

Health

7%

Construction and real estate

4%

Food and agriculture

6%

Manufacturing

7%

Education

2%

Other

27%

Sector breakdown of our 2017 commitments

Infrastructure

38%

Financial services

26%

Health

7%

Construction and real estate

4%

Food and agriculture

3%

Manufacturing

1%

Education

<1%

Other

21%

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

52%

Direct equity

38%

Debt

10%

Guarantees

<1%

Product breakdown of our 2017 commitments

Intermediated equity

26%

Direct equity

48%

Debt

19%

Guarantees

7%

The impact of our investments

In 2017, the businesses in our portfolio in Africa and South Asia employed nearly three-quarters of a million people (734,000). Of these jobs, 63,000 were newly created.

Direct jobs supported by our investee companies

2014

533,000

2015

657,000

2016

649,000

2017

734,000

Direct jobs supported by our investee companies by country

Country Number of employees Country Number of employees Country Number of employees
Algeria 3,400 Kenya 25,306 Pakistan 44,408
Bangladesh 31,415 Liberia 395 Rwanda 738
Burkina Faso 928 Madagascar 3,008 Senegal 3,466
Cameroon 5,149 Malawi 3,048 Sierra Leone 630
Congo (Democratic Republic) 4,859 Mali 36 South Africa 61,015
Cote d’Ivoire 5,110 Mauritius 57,388 Tanzania 7,770
Egypt 9,102 Morocco 513 Tunisia 7,702
Ethiopia 4,526 Mozambique 403 Uganda 2,845
Gabon 1,160 Myanmar 834 Zambia 6,900
Ghana 10,630 Niger 68 Zimbabwe  6,208
India 351,708 Nigeria 42,779

As some of our investments have operations in multiple countries, they are not included in this individual country information. For confidentiality reasons, data has also been removed for countries where we have fewer than three investments.

Direct jobs supported by our investee companies by region in 2017

Africa

42%

South Asia

58%

Direct jobs supported by our investee companies by sector in 2017

Food and agriculture

7%

Construction and real estate

<1%

Education

6%

Financial services

29%

Health

8%

Infrastructure

4%

Manufacturing

17%

Other

29%

Direct jobs supported by our investee companies by gender in 2017

Women

32%

Men

68%

Private sector capital our investments have helped mobilise

2012

$252m

2013

$982m

2014

$827m

2015

$1507m

2016

$543m

2017

$201m

Taxes paid by our investee companies

2012

$2.19bn

2013

$2.14bn

2014

$2.34bn

2015

$2.6bn

2016

$4.1bn

2017

$3.5bn

Taxes paid by our investee companies by sector

Food and agriculture

2%

Construction and real estate

<1%

Education

1%

Financial services

34%

Health

<1%

Infrastructure

6%

Manufacturing

5%

Other

52%

Taxes paid by our investee companies by country in 2017

Country Taxes paid (US$m) Country Taxes paid (US$m) Country Taxes paid (US$m)
Algeria 8.13 Kenya 91.86 Pakistan 278.47
Bangladesh 328.98 Liberia 0.34 Rwanda 5.28
Burkina Faso 1.20 Madagascar 0.18 Senegal 1.68
Cameroon 44.70 Malawi 8.73 Sierra Leone 0.04
Congo (Democratic Republic) 1.01 Mali 0.04 South Africa 70.43
Cote d’Ivoire 23.03 Mauritius 28.07 Tanzania 75.17
Egypt 10.69 Morocco 2.05 Tunisia 3.67
Ethiopia 5.66 Mozambique 0.13 Uganda 7.41
Gabon 2.26 Myanmar 2.20 Zambia 16.18
Ghana 636.98 Niger N/A Zimbabwe  16.96
India 1,148.76 Nigeria 615.58

As some of our investments have operations in multiple countries, they are not included in this individual country information. For confidentiality reasons, data has also been removed for countries where we have fewer than three investments.

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

Loans supplied by our investee companies

2012

$21.4bn

2013

$22.5bn

2014

$26.7bn

2015

$52.8bn

2016

$140.3bn

2017

$115.4bn

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For further information on our investments, please click here.

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