British International Investment

British International Investment (BII), formerly known as CDC Group, is the United Kingdom's development finance institution and a prominent impact investor. Backed by the UK Government, BII's core mission is to support private sector growth and innovation in developing economies, primarily across Africa, parts of Asia, and the Caribbean. The institution aims to create jobs, foster economic development, and address global challenges such as climate change, operating with a long-term perspective on its investments.

BII employs a flexible investment approach, deploying capital through direct equity, debt, guarantees, and fund investments. Their sector focus is broad, encompassing critical areas such as infrastructure, renewable energy, financial services, digital technology, manufacturing, and agriculture. A significant portion of their recent commitments underscores their strategic priorities; for instance, in 2022, 37% of their new investments were directly allocated to climate finance, demonstrating a strong commitment to sustainable development and the green economy.

For direct investments into businesses, BII typically commits between $10 million and $100 million, often taking significant minority stakes to influence positive change. Beyond direct investments, they also allocate capital to funds that, in turn, support smaller businesses and foster local entrepreneurial ecosystems, thereby broadening their reach and impact. BII's portfolio is extensive, comprising investments in over 1,400 businesses across its target regions. The institution has ambitious plans, aiming to invest up to £9 billion (approximately $11.4 billion USD) by 2026, further solidifying its role as a major catalyst for sustainable economic development in emerging markets.