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Job Creation

Perspectives Job creation

CDC-backed businesses in Africa and Asia create nearly 1.3 million new jobs

All Africa, UK. CDC Group plc, the UK’s government-owned development finance institution, has announced its 2014 annual results. The organisation, which invests to support the growth of businesses and create jobs in developing countries in Africa and South Asia, made 19 new investment commitments totalling £296.5m. New analysis also showed that CDC-backed businesses contributed to the creation of nearly 1.3 million new direct and indirect jobs in 2014. more