Founded in 1948, CDC is the UK’s Development Finance Institution (DFI). Wholly owned by the UK Government’s Department for International Development, it is the world’s oldest DFI.
No country has succeeded in reducing poverty in a sustainable manner without economic growth and a thriving private sector. Successful businesses employ and train people, pay taxes and create and operate infrastructure.
CDC’s mission is to be a pioneering investor, stimulating the private sector and demonstrating the power of enterprise and private capital to reduce poverty in the poorest places of the world. CDC provides debt and equity capital, directly and through intermediaries, to businesses in Africa and South Asia.