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1227383
registered interest false more like this
date less than 2020-07-22more like thismore than 2020-07-22
answering body
Department for International Development remove filter
answering dept id 20 more like this
answering dept short name International Development remove filter
answering dept sort name International Development more like this
hansard heading CDC: Investment remove filter
house id 1 remove filter
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for International Development, what investments the CDC Group has made since 2010. more like this
tabling member constituency Stockport more like this
tabling member printed
Navendu Mishra more like this
uin 78897 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-01more like thismore than 2020-09-01
answer text <p>CDC invests to achieve two key objectives: To support the business growth that lifts people out of poverty, and to make a financial return, which CDC then reinvests to improve the lives of people in Africa and South Asia. CDC have only made new commitments in Africa and South Asia since 2012. At the end of 2019, CDC had invested in 1,228 businesses - 690 in Africa and 377 in South Asia. In 2019, CDC made £1.66 billion of new commitments and increased its portfolio to £4.7 billion.</p><p>CDC publishes a full list of its new investment commitments each year in its Annual Reviews (2010 - present) which can be accessed online at www.cdcgroup.com/en/.</p> more like this
answering member constituency Rochford and Southend East more like this
answering member printed James Duddridge more like this
question first answered
less than 2020-09-01T12:51:14.847Zmore like thismore than 2020-09-01T12:51:14.847Z
answering member
1559
label Biography information for Sir James Duddridge more like this
tabling member
4811
label Biography information for Navendu Mishra more like this
1227384
registered interest false more like this
date less than 2020-07-22more like thismore than 2020-07-22
answering body
Department for International Development remove filter
answering dept id 20 more like this
answering dept short name International Development remove filter
answering dept sort name International Development more like this
hansard heading CDC: Investment remove filter
house id 1 remove filter
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for International Development, what assessment she has made of the compatibility of CDC Group investments in luxury brands and hotel chains with its mission statement to make a lasting difference to people’s lives in some of the world’s poorest places. more like this
tabling member constituency Stockport more like this
tabling member printed
Navendu Mishra more like this
uin 78898 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2020-09-01more like thismore than 2020-09-01
answer text <p>All of CDC's investments undergo a comprehensive and systematic assessment of their expected development impact using internationally recognised best practice methods. A team of over 60 development specialists work to ensure that each investment brings about a positive economic, social and environmental change in support of the UN's Sustainable Development Goals.</p><p>CDC invests to support the growth of companies that create employment and help transform economies, through the goods and services they produce and sell and the local taxes they generate. In 2019, CDC invested in businesses in Africa and South Asia that employed 875,790; generated 57 terawatt hours of electricity; and its agricultural investments sourced from 1.84 million farmers.</p><p>Africa needs increased economic infrastructure to unlock its full economic potential and achieve the Sustainable Development Goals. CDC's primary aim when investing into the hotel sector is to create more and better jobs in countries that desperately need them. In addition, these investments support both local and national economic growth. For example, by purchasing goods and services from local suppliers, and by improving economic infrastructure.</p><p>Information about CDC's approach to assessing and monitoring the development impact of its investments is available on its website.</p>
answering member constituency Rochford and Southend East more like this
answering member printed James Duddridge more like this
question first answered
less than 2020-09-01T08:10:04.877Zmore like thismore than 2020-09-01T08:10:04.877Z
answering member
1559
label Biography information for Sir James Duddridge more like this
tabling member
4811
label Biography information for Navendu Mishra more like this
641331
registered interest false more like this
date less than 2016-11-21more like thismore than 2016-11-21
answering body
Department for International Development remove filter
answering dept id 20 more like this
answering dept short name International Development remove filter
answering dept sort name International Development more like this
hansard heading CDC: Investment remove filter
house id 1 remove filter
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for International Development, with reference to paragraph 10 of the explanatory memorandum to the Commonwealth Development Corporation Bill, what estimate she has made of market demand over Commonwealth Development Corporation's next strategy cycle. more like this
tabling member constituency Cardiff South and Penarth more like this
tabling member printed
Stephen Doughty more like this
uin 54037 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-11-25more like thismore than 2016-11-25
answer text <p>As set out in the UN’s Global Goals, urgent action is needed to mobilise, redirect and unlock the transformative power of trillions of dollars of private resources to deliver on sustainable development objectives. Long-term investments, including foreign direct investment, are needed in critical sectors, especially in developing countries. CDC’s work is focused on mobilising capital for specific sustainable development priorities such as health, education and infrastructure, helping to fill the annual financing gap of $2.5 trillion needed every year and deliver against the Goals by 2030.</p> more like this
answering member constituency Witham more like this
answering member printed Priti Patel more like this
question first answered
less than 2016-11-25T16:19:42.713Zmore like thismore than 2016-11-25T16:19:42.713Z
answering member
4066
label Biography information for Priti Patel more like this
tabling member
4264
label Biography information for Stephen Doughty more like this
641337
registered interest false more like this
date less than 2016-11-21more like thismore than 2016-11-21
answering body
Department for International Development remove filter
answering dept id 20 more like this
answering dept short name International Development remove filter
answering dept sort name International Development more like this
hansard heading CDC: Investment remove filter
house id 1 remove filter
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for International Development, in which countries the Commonwealth Development Corporation has invested in the last seven years; and what the total value of investments was in each country. more like this
tabling member constituency Cardiff South and Penarth more like this
tabling member printed
Stephen Doughty more like this
uin 54035 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2016-11-25more like thismore than 2016-11-25
answer text <p><strong>Disbursements made to Countries in Africa and South Asia over the past 7 years (2009-2015) </strong></p><p> </p><table><tbody><tr><td><p><strong>Region</strong></p></td><td><p><strong>Country</strong></p></td><td><p><strong>£m</strong></p></td></tr><tr><td><p>Africa</p></td><td><p>Africa Region</p></td><td><p>395.2</p></td></tr><tr><td><p>Africa</p></td><td><p>Algeria</p></td><td><p>9.8</p></td></tr><tr><td><p>Africa</p></td><td><p>Angola</p></td><td><p>9.0</p></td></tr><tr><td><p>Africa</p></td><td><p>Botswana</p></td><td><p>2.5</p></td></tr><tr><td><p>Africa</p></td><td><p>Burkina Faso</p></td><td><p>2.1</p></td></tr><tr><td><p>Africa</p></td><td><p>Cameroon</p></td><td><p>48.2</p></td></tr><tr><td><p>Africa</p></td><td><p>Congo (Democratic Republic)</p></td><td><p>28.4</p></td></tr><tr><td><p>Africa</p></td><td><p>Côte d'Ivoire</p></td><td><p>24.0</p></td></tr><tr><td><p>Africa</p></td><td><p>Djibouti</p></td><td><p>1.7</p></td></tr><tr><td><p>Africa</p></td><td><p>Egypt</p></td><td><p>53.6</p></td></tr><tr><td><p>Africa</p></td><td><p>Ethiopia</p></td><td><p>11.1</p></td></tr><tr><td><p>Africa</p></td><td><p>Ghana</p></td><td><p>52.7</p></td></tr><tr><td><p>Africa</p></td><td><p>Kenya</p></td><td><p>81.7</p></td></tr><tr><td><p>Africa</p></td><td><p>Liberia</p></td><td><p>0.4</p></td></tr><tr><td><p>Africa</p></td><td><p>Libya</p></td><td><p>0.6</p></td></tr><tr><td><p>Africa</p></td><td><p>Madagascar</p></td><td><p>3.3</p></td></tr><tr><td><p>Africa</p></td><td><p>Mali</p></td><td><p>0.1</p></td></tr><tr><td><p>Africa</p></td><td><p>Malawi</p></td><td><p>2.7</p></td></tr><tr><td><p>Africa</p></td><td><p>Mauritania</p></td><td><p>1.8</p></td></tr><tr><td><p>Africa</p></td><td><p>Mauritius</p></td><td><p>27.6</p></td></tr><tr><td><p>Africa</p></td><td><p>Morocco</p></td><td><p>12.6</p></td></tr><tr><td><p>Africa</p></td><td><p>Mozambique</p></td><td><p>2.4</p></td></tr><tr><td><p>Africa</p></td><td><p>Namibia</p></td><td><p>1.5</p></td></tr><tr><td><p>Africa</p></td><td><p>Niger</p></td><td><p>0.1</p></td></tr><tr><td><p>Africa</p></td><td><p>Nigeria</p></td><td><p>230.2</p></td></tr><tr><td><p>Africa</p></td><td><p>Rwanda</p></td><td><p>1.6</p></td></tr><tr><td><p>Africa</p></td><td><p>Senegal</p></td><td><p>6.9</p></td></tr><tr><td><p>Africa</p></td><td><p>Sierra Leone</p></td><td><p>0.9</p></td></tr><tr><td><p>Africa</p></td><td><p>South Africa</p></td><td><p>194.0</p></td></tr><tr><td><p>Africa</p></td><td><p>Sudan</p></td><td><p>2.6</p></td></tr><tr><td><p>Africa</p></td><td><p>Swaziland</p></td><td><p>7.1</p></td></tr><tr><td><p>Africa</p></td><td><p>Tanzania</p></td><td><p>35.0</p></td></tr><tr><td><p>Africa</p></td><td><p>Togo</p></td><td><p>7.9</p></td></tr><tr><td><p>Africa</p></td><td><p>Tunisia</p></td><td><p>14.9</p></td></tr><tr><td><p>Africa</p></td><td><p>Uganda</p></td><td><p>29.9</p></td></tr><tr><td><p>Africa</p></td><td><p>Zambia</p></td><td><p>41.9</p></td></tr><tr><td><p>Africa</p></td><td><p>Zimbabwe</p></td><td><p>7.3</p></td></tr><tr><td><p>South Asia</p></td><td><p>Asia Region</p></td><td><p>25.2</p></td></tr><tr><td><p>South Asia</p></td><td><p>South Asia Region</p></td><td><p>38.8</p></td></tr><tr><td><p>South Asia</p></td><td><p>Bangladesh</p></td><td><p>31.7</p></td></tr><tr><td><p>South Asia</p></td><td><p>India</p></td><td><p>760.5</p></td></tr><tr><td><p>South Asia</p></td><td><p>Pakistan</p></td><td><p>92.9</p></td></tr><tr><td><p>South Asia</p></td><td><p>Sri Lanka</p></td><td><p>6.9</p></td></tr></tbody></table><p> </p><p><strong>Disbursements made under the pre-2012 investment policy to countries where under the new 2012 investment policy CDC is not permitted to make new investments (2009-15)</strong></p><p> </p><table><tbody><tr><td><p>South Asia</p></td><td><p>Azerbaijan</p></td><td><p>0.4</p></td></tr><tr><td><p>South Asia</p></td><td><p>Kazakhstan</p></td><td><p>4.1</p></td></tr><tr><td><p>South East Europe</p></td><td><p>Serbia &amp; Montenegro</p></td><td><p>2.0</p></td></tr><tr><td><p>South Asia</p></td><td><p>Turkey</p></td><td><p>2.1</p></td></tr><tr><td><p>South Asia</p></td><td><p>Tajikistan</p></td><td><p>0.6</p></td></tr><tr><td><p>Latin America</p></td><td><p>Latin America Region</p></td><td><p>19.9</p></td></tr><tr><td><p>Latin America</p></td><td><p>Argentina</p></td><td><p>0.1</p></td></tr><tr><td><p>Latin America</p></td><td><p>Belize</p></td><td><p>0.2</p></td></tr><tr><td><p>Latin America</p></td><td><p>Brazil</p></td><td><p>80.8</p></td></tr><tr><td><p>Latin America</p></td><td><p>Colombia</p></td><td><p>6.9</p></td></tr><tr><td><p>Latin America</p></td><td><p>Columbia and Peru</p></td><td><p>1.7</p></td></tr><tr><td><p>Latin America</p></td><td><p>Costa Rica</p></td><td><p>6.7</p></td></tr><tr><td><p>Latin America</p></td><td><p>Guatemala</p></td><td><p>80.9</p></td></tr><tr><td><p>Latin America</p></td><td><p>Honduras</p></td><td><p>24.7</p></td></tr><tr><td><p>Latin America</p></td><td><p>Jamaica</p></td><td><p>0.4</p></td></tr><tr><td><p>Latin America</p></td><td><p>Mexico</p></td><td><p>12.0</p></td></tr><tr><td><p>Latin America</p></td><td><p>Nicaragua</p></td><td><p>11.0</p></td></tr><tr><td><p>Latin America</p></td><td><p>Peru</p></td><td><p>2.9</p></td></tr><tr><td><p>Asia Pacific</p></td><td><p>South East Asia Region</p></td><td><p>0.8</p></td></tr><tr><td><p>Asia Pacific</p></td><td><p>Singapore</p></td><td><p>1.7</p></td></tr><tr><td><p>Asia Pacific</p></td><td><p>Cambodia</p></td><td><p>0.2</p></td></tr><tr><td><p>Asia Pacific</p></td><td><p>China</p></td><td><p>218.9</p></td></tr><tr><td><p>Asia Pacific</p></td><td><p>Indonesia</p></td><td><p>46.3</p></td></tr><tr><td><p>Asia Pacific</p></td><td><p>Malaysia</p></td><td><p>12.0</p></td></tr><tr><td><p>Asia Pacific</p></td><td><p>Mongolia</p></td><td><p>2.7</p></td></tr><tr><td><p>Asia Pacific</p></td><td><p>Papua New Guinea</p></td><td><p>1.1</p></td></tr><tr><td><p>Asia Pacific</p></td><td><p>Philippines</p></td><td><p>3.7</p></td></tr><tr><td><p>Asia Pacific</p></td><td><p>Samoa</p></td><td><p>0.1</p></td></tr><tr><td><p>Asia Pacific</p></td><td><p>Thailand</p></td><td><p>24.1</p></td></tr><tr><td><p>Asia Pacific</p></td><td><p>Vietnam</p></td><td><p>7.9</p></td></tr><tr><td><p>Global</p></td><td><p>Global</p></td><td><p>59.3</p></td></tr></tbody></table><p> </p>
answering member constituency Witham more like this
answering member printed Priti Patel more like this
question first answered
less than 2016-11-25T16:17:59.817Zmore like thismore than 2016-11-25T16:17:59.817Z
answering member
4066
label Biography information for Priti Patel more like this
tabling member
4264
label Biography information for Stephen Doughty more like this