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
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Key facts
- Last updated
When the last quarterly update of the website database occurred.
- December 2024
- Project number
An identifier number shared by investments in the same project.
- D4848
- 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.
- Central Africa, East Africa, North Africa, Southern Africa, West Africa
- Country
The countries where the investment delivers impact. Where impact is delivered in multiple countries, this is indicated.
- Cameroon, Cote d'Ivoire, Egypt, Kenya, Mozambique, South Africa, Tanzania
- 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.
- Infrastructure
- Sub sector:
- Independent Power and Renewable Electricity Producers
- Investment type :
- Equity
- Start date :
- July 2021
- Amount :
- $4m
- Currency of investment :
- EUR,USD
- Domicile
The company or investment fund’s place of incorporation.
- Guernsey
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.
- Climate finance
Indicates whether the investment is climate finance qualified or partially climate finance qualified and the type of climate finance (adaptation, mitigation or both). We define climate finance using the multilateral development bank (MDB) and the International Development Finance Club (IDFC) Common Principles climate finance methodology. See Common Principles for Climate Mitigation Finance Tracking and Common Principles for Climate Change Adaptation Finance Tracking. We provide the climate finance qualification and type for commitments from 2020 onwards, which is when we launched our Climate Change Strategy.
- Fully qualified
- Climate finance type:
- Mitigation
- Energy type
Renewable energy types include energy sources with very low lifecycle emissions such as solar, wind and tidal or those meeting a certain criteria such as hydro power, biomass or geothermal. For fossil fuel energy types, this includes coal, oil and gas. Mixed energy types for direct investments supports a combination of fossil fuel and renewable assets. For Funds labelled as mixed these investments may contain a combination of fossil fuel, renewables, and/or non-energy assets but not necessarily all three.
- Renewable
- Last updated
Related investments made by BII into this company:
Investment name | Commitment | Region | Sector | Start date | Status |
---|---|---|---|---|---|
Investment 01 | $29.24m | Central Africa, East Africa, North Africa, Southern Africa, West Africa | Infrastructure | December 2017 | Active |
Investment 02 | $15.07m | Central Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West Africa | Infrastructure | May 2019 | Active |
Investment 03 | $45.15m | Central Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West Africa | Infrastructure | December 2019 | Active |
Investment 04 | $12.74m | Central Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West Africa | Infrastructure | July 2020 | Active |
Investment 05 | $13.65m | Central Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West Africa | Infrastructure | September 2020 | Active |
Investment 06 | $100.1m | Central Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West Africa | Infrastructure | December 2020 | Active |
Investment 08 | $19.86m | Central Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West Africa | Infrastructure | December 2021 | Active |
Investment 09 | $5.46m | Central Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West Africa | Infrastructure | March 2022 | Active |
Investment 10 | $8.33m | Central Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West Africa | Infrastructure | December 2023 | Active |
Investment 11 | $15.96m | Central Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West AfricaCentral Africa, East Africa, North Africa, Southern Africa, West Africa | Infrastructure | December 2023 | Active |