Through CDC, the UK’s Development Finance Institution, DFID has invested a total of $8.8m in Bridge International Academies (BIA) for its global operations in Africa and India. An investment of $1.6m was made in 2016. The remainder was invested in 2013 and 2014. These are long term capital investments made to fund expansion of BIA’s business in Africa. In addition, a DFID £3.45m grant, awarded competitively, was also provided to open 23 Bridge academies in Lagos, Nigeria. This grant is now completed. There are no current plans to provide additional funding.