The British government has ordered CDC Group, its agency for investment in private businesses in developing countries, to increase its investments in the world’s poorest nations. In a statement to parliament on Nov. 4, Douglas Alexander, Secretary of State for International Development, said that in the 2009-2013 period CDC will make more than 75 percent of its new investment in countries with an annual gross national income (GNI) per capita of less than USD 905. (Reuters)
Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).
