CDC Group, the UK’s development finance institution and impact investor, has been formally renamed British International Investment (BII). Watch here.
The organisation will invest between GBP1.5 and GBP2 billion per year in green infrastructure, technology and other sectors to support countries in Africa, Asia and the Caribbean.
Situated in seven locations across the Continent, BII has a portfolio value of over USD4 billion, with over 600 local businesses. Portfolio highlights include: Global Partnership for Ethiopia, FirstBank Nigeria, 14Trees, ETG, AfricInvest, Novastar, Zambeef, Equity Bank, Access Bank plc, Redstone Concentrated Solar Power Project among many more.