CDC: Overseas Aid

Foreign, Commonwealth and Development Office written question – answered on 16th September 2020.

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Photo of Baroness Tonge Baroness Tonge Independent Liberal Democrat

To ask Her Majesty's Government how much investment in Official Development Assistance is in CDC Group Limited’s current investment plans; and what percentage of CDC Group Limited's planned investment this constitutes.

Photo of Baroness Sugg Baroness Sugg Parliamentary Under-Secretary (Foreign, Commonwealth and Development Office)

CDC's current investment plans cover the period of its five-year Strategic Framework 2017-2021. Across this period the Government has committed to invest Official Development Assistance (ODA) of up to a maximum of £3.515 billion to support the growth of companies in Africa and South Asia that create jobs and transform economies.

100% of the Government's investment scores as ODA in the year it is allocated to CDC.

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