CDC: Poverty

Department for International Development written question – answered on 13th February 2019.

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Photo of Imran Hussain Imran Hussain Shadow Minister (Justice)

What steps she is taking to ensure that new investments made by the CDC Group contribute to poverty reduction.

Photo of Penny Mordaunt Penny Mordaunt The Secretary of State for International Development, Minister for Women and Equalities

CDC invests to create jobs and reduce poverty. The five year Strategic Framework published in 2017 sets out steps CDC is taking to maximise the development impact of its investments. Almost 750,000 people are directly employed by companies supported by CDC in the poorest countries in Africa and South Asia.

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