UK Private Sector Arm Reveals New Targets

CDC, a U.K. government-owned body backing private sector projects in developing countries, will allocate 75 percent of its new investments to low-income nations from 2009 to 2013. The U.K. organization will also spend nearly USD197 million to support small and medium-sized businesses in other countries in the developing world. (“Boosting business in the world’s poorest countries” - U.K. Department for International Development, Nov. 3, 2008)