News: The latest from Africa's largest independent power producer

News from CDC
16 August 2016

In 2015, CDC and Norfund - the Norwegian investment fund for developing countries - took direct control of Globeleq Africa, the largest independent power producer on the continent. One of the main aims of the investment is to add thousands of megawatts of electricity generating capacity over the next ten years - to light the homes and power the businesses that will help fuel Africa's growth.

In this video, we speak to Globeleq's CEO Henry Aszklar, to find out the progress they're making and their plans for the coming years.

You can find our more about our investment in Globeleq Africa in our Annual Review 2015: Growing in ambition and impact.

Media contacts

Rhyddid Carter: +44 (0)20 7963 4741 / +44(0) 7824 552 326

About CDC

CDC Group plc is the UK’s development finance institution.  Wholly owned by the UK Government, it invests in sub-Saharan Africa and South Asia with the aim of supporting economic development to create jobs.  CDC takes a flexible approach and provides capital in all its forms, including equity, debt, mezzanine and guarantees, to meet businesses’ needs and achieve development impact.  CDC has net assets of £4.8bn.

News from CDC