Commonwealth Development Corporation


Also found in: Dictionary, Thesaurus, Medical, Acronyms, Encyclopedia.

Commonwealth Development Corporation

An international aid organization established by the British government after the Second World War to aid in post-war development. It has since been partially privatized and assists in international development in various parts of the world. See also: DFID.
References in periodicals archive ?
Lately, Ms Banda worked as Regional Director for Africa at the UKs Commonwealth Development Corporation (CDC) since 2013.
The Commonwealth Development Corporation (CDC) increased returns on its Africa portfolio by 12% last year.
Spun off from CDC Group Plc (CDC, formerly Commonwealth Development Corporation, UK s developmental financial institution) in 2004 and subsequently privatized, Actis is now a global pan-emerging market PE firm.
"We were blind when we sold some parastatals, and made mistakes." He said parastatals like Chilanga Cement should not have been sold to the Commonwealth Development Corporation (CDC).
The development funding agency owned by the British government, Commonwealth Development Corporation (CDC), has jointly announced with venture capital company Lok Capital an investment of $21 million in the Series D funding round of Utkarsh Micro Finance Private Ltd.
The hotel symbolises a collaboration with the International Finance Corporation (IFC) and the Commonwealth Development Corporation (CDC) as partners, and the Tanzania Development Finance Corporation (TDFC) as a lender.
Three other development finance and multilateral investment companies Netherlands Development Finance Company (FMO), International Finance Corporation (IFC), Commonwealth Development Corporation (CDC) apart from India Financial Inclusion Fund (IFIF), a fund managed by impact investment company Caspian, brought in the remaining amount into Equitas.
The Acacia Fund, whose Chairman is the former Chief Executive of the East Africa Industries, Mr James Barrage Wanjui, boasts several high profile shareholders including the Commonwealth Development Corporation (CDC), the German Investment and Development Company (DEG) and the Barclays Bank Kenya Limited.

Full browser ?