This investment was made when British International Investment was named CDC Group.
Expected impact
Our investment will provide much-needed growth capital to support the expansion of African businesses.
Environmental and social aspects
The fund manager has a well-established approach to environmental and social management and we will continue to support and monitor its approach as the portfolio grows.
Key facts
- Status:
- Active
- Region
:
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Africa
- Sector
:
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. For funds, the sectors listed here are those the fund has invested in so far.
- Communications and IT Services, Food and agriculture, Health
- Website:
- http://www.dpi-llp.com
- Investment type
:
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- Development Partners International
- Start date
:
For direct investments, this is the date British International Investment committed capital to the business or project.
For funds, this is the date that British International Investment committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- June 2019
- Amount
:
For direct investments, this is the total amount that British International Investment has committed to the business or project (it may be a combination of equity and debt).
For funds, this is the total amount that British International Investment has committed to the fund.
- $80m
- Domicile
:
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
- Guernsey
Investments made by this fund
- Active
- Exited
| Investment name | Country | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
|
Channel VAS
Channel VAS is a fintech provider of mobile financial services, airtime credit and airtime advance services, handset loans and big data analytics. |
Nigeria | Africa, West Africa | Communications and IT Services | September 2019 | Active |
|
Sicam
SICAM is a Tunisian tomato processing and agri-business. It has become the fastest growing player and market leader of the sauces and condiments segment in Tunisia, in part driven by its strong relationships with the local farming industry, enabling it access to consistent tomato harvests. |
Tunisia | Africa, North Africa | Food and agriculture | May 2020 | Active |
