The Impact Accelerator invests directly in businesses to create economic opportunity and jobs, and increase access to basic goods and services, especially in remote areas or fragile states.
It aims to make investments that have a strong development impact and has two overarching strategic priorities:
- Helping businesses make decisive development impact interventions they wouldn’t otherwise have made – for example, entering a particularly difficult geography or providing a product at a significantly lower price to allow access for poorer customers.
- Helping businesses operating in challenging geographies to establish green or brownfield companies to provide essential goods and services vital to their operations – such as housing, healthcare and transport.
The Impact Accelerator aims to accomplish these priorities by setting up investment platforms in geographies where it can have strong development impact, by supporting existing CDC investments, and by investing alongside large multinational businesses.
Examples of recent investments include Virunga Energy, a hydroelectric power company in the Eastern DRC, which provides electricity to a conflict-prone region where only three per cent of the population has access, and Africa Improved Foods, a producer of nutrient-rich infant food in Rwanda, where we've invested alongside Royal DSM, a large Dutch nutrition, health and materials company.
Find out more
You can find the Impact Programme website here