Commonwealth Development Corporation

The CDC is a British public corporation which provides medium- and
long-term loans and equity financing for development-related private and
public sector projects in selected countries. CDC financing is available
for projects in the folowing sectors: agriculture (livestock,
horticulture, and acquaculture), forestry, fishing, mineral extraction,
industry, public utilties, transport, telecommunications, low-cost housing,
hotels, construction and civil engineering, financial management and
consultancy services, and leasing of assests. The Corporation does not
invest in schools, colleges, hospitals, public service works or
broadcasting. Since 1969, CDC has been able to invest in non-Commonwealth
countries with ministerial agreement. The CDC was established in 1948;
headquarters are in London, England.