Bridge International Academies

Department for International Development written question – answered on 20th February 2018.

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Photo of Kate Osamor Kate Osamor Shadow Secretary of State for International Development

To ask the Secretary of State for International Development, what plans her Department has to provide funding (a) directly and (b) indirectly to (i) Bridge International Academies and (ii) its parent or subsidiary companies.

Photo of Penny Mordaunt Penny Mordaunt The Secretary of State for International Development

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.

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