Using investment to boost overseas development

2019-09-09T16:41:50+00:00 19 June 2019|

This week David Cameron visited CDC Group (formerly the Commonwealth Development Corporation), the UK’s development finance institution.

Mr Cameron was briefed about the fascinating work that CDC do to support development through investment. CDC’s mission is to support the building of businesses throughout Africa and South Asia, to create jobs, and to make a lasting difference to people’s lives in some of the world’s poorest places.

After being briefed, Mr Cameron spoke to staff about a range of topics and answered their questions. Topics discussed included the government’s commitment – that David Cameron enshrined in law as Prime Minister – to spend 0.7% of its gross national income (GNI) on aid and overseas development each year; the Sustainable Development Goals; and the outcomes from the LSE-Oxford Commission on State Fragility, Growth and Development that Mr Cameron chaired, and continues to work on.

More information about CDC Group can be found at: https://www.cdcgroup.com/en/