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CDC Annual Review

Posted By Stephanie Buck, Aspen Institute, Thursday, July 2, 2015

CDC, a development finance institution whose mission is to support the building of businesses throughout Africa and South Asia, to create jobs and make a lasting difference to people’s lives in some of the world’s poorest places. has released their 2014 Annual Review. It holds some interesting insights into job creation.

Here are some highlights: 

  • A large sample of CDC-backed businesses in Africa and South Asia contributed to the creation of nearly 1.3 million new direct and indirect jobs and livelihoods in 2014 (n=388).
  • These businesses directly employed 533,000 workers.
  • The businesses impacted a further 10.8 million people when indirect employment effects, such as supply chains, wages and increased access to power and financial services were taken into account.

Tags:  africa  employment  Job Creation  Sector publication  southeast asia 

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