To enable CDC to scale up its activity of investing and lending to support the building of businesses in developing countries, to create jobs and make a lasting difference to people’s lives in some of the world's poorest places. CDC is DFID’s main vehicle for investing in private companies in Africa and South Asia. CDC encourages capital investments from other private investors by being a first mover, demonstrating to other investors that commercial returns are possible in these frontier markets, and by sharing risk and expertise. The additional equity from DFID will enable CDC to meet demand for capital in its target markets and allow CDC to sustain a higher volume of more developmental investments across priority regions and business sectors
To improve access, retention and the quality of education for all children in primary and secondary schools of Punjab Province in Pakistan. All government school children (6 million primary, 4 million secondary) and children attending school through the Punjab Education Foundation (around 2.2 million) will have benefited from UK support in Punjab by March 2019.
To improve macro-economic stability and growth in Pakistan by providing the Government with financial aid and technical assistance in support of the International Monetary Fund Extended Financing Facility. This will benefit the people of Pakistan by establishing the conditions for faster and more equitable growth. This contributes towards our MDGs by enabling the Government of Pakistan to finance essential public expenditure and protect the poor from the adverse impact of structural reforms.
Improved transport infrastructure in Pakistan along with enhanced private sector involvement in infrastructure financing, road safety interventions and support to regulatory environment, leading to increased trade and economic growth in Pakistan
To improve the incomes and nutrition status of over 1.63 million poor people in Burma by promoting resilient livelihoods and food security food security through agricultural commercialisation and climate smart agriculture, financial inclusion, business and skills development, and targeted nutrition support to mothers and children in the ‘One thousand day’ window between conception and a child’s second birthday.
Improved Micro Small and Medium Enterprise access to appropriate financial services translating into higher economic benefits for state, and poor and marginalised groups, in Pakistan
DFID is providing £757.3m over 23 years to catalyse the market for impact investment in Sub-Saharan Africa and South Asia, to improve the lives of at least five million poor and low-income people. Impact investments are those which have both a financial and social return by benefitting poor and low-income people through improved access to affordable goods and services and income generating opportunities. The Impact Programme has two components: investments and market building. CDC manages our investments through two funds. The first fund, the Impact Fund, launched in 2013 is a £305m fund of funds. The second fund, launched in 2015, is a £333m fund which makes direct investments into businesses that are highly developmental/transformative. Technical assistance is also being made available to the underlying investees. Our market building work (£30.5 million) complements our investments by providing the market infrastructure required for impact investing to scale.
To reduce poverty, hunger and vulnerability by providing the poorest households in Kenya's arid and semi-arid lands with cash transfers. This contributes to our MDGs by preventing 720,000 people from becoming poorer and help them to increase their expenditure on food, health, education and wider livelihood opportunities by 2017.
To support a parametric (index-based) weather risk insurance pool that will provide participating African countries with predictable, quick-disbursing funds with which to implement pre-defined contingency response plans in the case of a drought.
Foster Economic activities by strategically targeting key constraints in order to empower the private sector to be an engine of growth, job creation and poverty alleviation in DRC thus improving the lives of poor people in DRC by 2023.To foster economic opportunities for poor people in the Democratic Republic of Congo by providing them with access to financial services, well functioning markets, and an enabling business environment.