CDC Group

company

About

CDC is the UK's development finance institution.

  • 251 - 500

Details

Industries
Finance,Financial Services
Founded date
Jan 1, 1948
Number Of Employee
251 - 500
Operating Status
Active
Investor Type
Government Office,Venture Capital

Founded in 1948, CDC is the UK’s Development Finance Institution (DFI) wholly owned by the UK Government’s Department for International Development (DFID). It is the world’s oldest DFI with a history of making successful investments in businesses which have become industry leaders thereby having enormous impact on the private sector in their country and region as well as improving the lives of many, many individuals.

CDC’s mission is to support the building of businesses throughout Africa and South Asia, to create jobs and make a lasting difference to people's lives in some of the world's poorest places.

CDC aims to invest where its job creation focus can have greatest impact: in countries where the private sector is weak and jobs are scarce, and in sectors where growth leads to jobs – directly and indirectly – such as manufacturing, agribusiness, infrastructure, financial institutions, construction, health and education.

CDC’s portfolio of investments is valued at £2.25bn (year end 2012) and includes 1,250 investee businesses. In 2012, these companies together employed 1,109,000 people and paid £2.6bn in local taxes.

Investments

Number of Investments
Number of Lead Investments
21
6
CDC Group has made 21 investments. Their most recent investment was on May 9, 2022, when Paymob raised $50M.
Date Company Name
Round Money Raised Industry Lead Investor
May 9, 2022 Paymob
Series B $50M Financial Services
Apr 12, 2022 Medikabazaar
Series D ₹4.94B B2B
Series B $40M Agriculture
Dec 6, 2021 Bizongo
Series D $110M B2B
Oct 26, 2021 Sun King
Debt Financing $75M Clean Energy