| answer text |
<p>CDC's investment into Wonderchef is supporting economic activity for thousands
of women who participate in its direct-to-home sales network. Since CDC's investment
was made in 2018, the company has also created around 350 direct jobs, with the number
of female employees more than doubling in that time. In addition, the company has
increased local sourcing of its products helping deliver impact through its supply
chain.</p><p>This investment was made through a private equity fund managed by Amicus
Capital Partners. CDC's partnership model with Fund managers helps it achieve impact
at scale by supporting hundreds of SMEs across South Asia and Africa. In addition
to backing local teams of investors, and equipping them with strong Environmental,
Social and Governance practices, the model helps support the development of self-sustaining
local finance markets.</p><p>CDC publishes the amounts it invests directly into businesses
and investment funds on its website www.cdcgroup.com. Individual investment amounts
made by its partners are not disclosed as this information is commercially sensitive.</p>
|
|
