CDC: Overseas Aid

(asked on 2nd September 2020) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask Her Majesty's Government how much CDC Group Limited invested in Official Development Assistance in (1) 2017/18, (2) 2018/19, and (3) 2019/20; and, for each year, what percentage of CDC Group Limited's investments this constituted.


Answered by
Baroness Sugg Portrait
Baroness Sugg
This question was answered on 16th September 2020

Over the last three years, the Government has made capital investments in CDC Group Ltd totalling £2,086,000,000 to support the growth of companies in Africa and South Asia that create jobs and transform economies. 100% of the Government's investment scores as Official Development Assistance in the year it is allocated to CDC. A summary of the annual breakdown of these investments is as follows:

Year

ODA Investment £m

1

2017/18

395

2

2018/19

736

3

2019/20

955

Total

2,086

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