This investment was made when British International Investment was named CDC Group.
Reporting and Complaints Mechanism
The Reporting and Complaints Mechanism allows anyone outside BII to report alleged breaches of the business integrity or environmental and social provisions of BII’s Policy on Responsible Investing. This includes breaches made by BII, a BII investee, or a portfolio company of a fund in which BII has invested. The Reporting and Complaints Mechanism Rules are available here. Reports and complaints can be submitted by email to reportsandcomplaints@bii.co.uk or by mail. See more details on our Reporting and Complaints Mechanism here.
For any other general enquiries contact us at enquiries@bii.co.uk
-
Key facts
- Last updated
:
When the last quarterly update of the website database occurred.
- June 2024
- Project number
:
An identifier number shared by investments in the same project.
- D44
- Status
:
The current status of the investment (green flag for active and red flag for exited).
- Active
- Region
:
The geographical region where the country is located. We currently invest in Africa, South Asia, South East Asia and the Caribbean. In 2023, BII’s investment mandate was extended allowing it to invest in regional funds linked to Ukraine, with the majority of activity expected to begin post-war. Investments outside these regions were made prior to 2012 under previous investment mandates.
- Africa
- Sector
:
We prioritise those sectors that facilitate development and need our capital the most. Our priority sectors contribute towards many of the Sustainable Development Goals. They range from investing in the power infrastructure that will provide people with better access to electricity, to investing in financial institutions that direct capital to the individuals and businesses that need it the most.
- Consumer - other services, Financial services, Food & Agriculture, Manufacturing
- Investment type :
- Fund
- Start date :
- February 2012
- Amount :
- $30m
- Currency of investment :
- USD
- Fund Manager:
- 8 Miles LLP
- Domicile
:
The company or investment fund’s place of incorporation.
- United Kingdom
We provide capital in the following ways: directly – through direct equity, direct debt, guarantees and other non-intermediated financial instruments; and indirectly – principally through investment funds.
For direct investments and fund investments, this is the date BII committed capital to the investments. This is typically the date on which legal agreements are signed by all parties.
For the portfolio companies of our fund investments, this is the date (either the month or the quarter) on which the fund committed capital to the portfolio company.
For direct equity investments, this is the date at which British International Investment exited the investment.
For debt investments, this is the date at which the final debt repayment was made.
For funds, this is the date at which the fund was terminated.
For underlying fund investments, this is the date at which the fund manager exited the investment.
The total amount committed, per financial instrument, per investment, on the date BII becomes subject to a binding legal obligation to provide funding or assume a contingent liability. This information is provided in US dollars.
For direct investments, this is the amount that BII has committed to the business or project. For fund investments, this is the amount BII has committed to the fund.
The currency in which the investment was made.
- Last updated
Related investments made by BII into this fund:
| Investment name | Commitment | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
| Investment 02 | $4.26m | Africa | Consumer - other services, Financial services, Food & Agriculture, Manufacturing | August 2013 | Active |
Investments made by this fund into companies:
For further information about these companies, visit https://www.8miles.com/
| Investment name | Country | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
| Awash Wine Share Company | Ethiopia | East Africa | Food & Agriculture | September 2013 | Active |
| Beloxxi Industries Limited | Nigeria | West Africa | Food & Agriculture | August 2016 | Active |
| Biyinzika Poultry International Limited | Uganda | East Africa | Food & Agriculture | May 2014 | Exited |
| Blue Skies Holdings Limited | Ghana | West Africa | Consumer - other services | February 2017 | Exited |
| Eagle Chemical Group Ltd | Egypt | North Africa | Manufacturing | August 2014 | Exited |
| eleni LLC | Ethiopia | East Africa | Food & Agriculture | May 2013 | Exited |
| Orient Bank Ltd. | Uganda | East Africa | Financial services | February 2015 | Exited |
| Verde Beef Processing Plc | Ethiopia | East Africa | Food & Agriculture | November 2015 | Exited |
