Commonwealth Development Corporation (Hansard, 10 April 2002)

§ Mrs. Spelman
To ask the Secretary of State for International Development what the value is of total investments of the Commonwealth Development Corporation. [46901]

§ Hilary Benn
At 31 December 2000, CDC's portfolio at valuation was £1,063.9 million. The valuation at the end of December 2001 will be published in CDC's annual report for 2001.

§ Mrs. Spelman
To ask the Secretary of State for International Development what plans she has to expand the proportion of CDC Capital Partners' portfolio held in equity investments. [46906]

§ Hilary Benn
None. Management of CDC's portfolio is the responsibility of CDC's Board of Directors.

§ Mrs. Spelman
To ask the Secretary of State for International Development (1) what percentage of CDC Capital Partners and the Commonwealth Development Corporation's portfolio was in countries with a per capita GNP of less than £1,600 in real terms in each of the last six years; [46900]
(2) in how many (i) countries and (ii) businesses CDC Capital Partners and the Commonwealth Development Corporation had investments in (a)1996, (b)1997, (c)1998, (d)1999, (e)2000 and (f)2001; [46902]
(3) what percentage of CDC Capital Partners' and the Commonwealth Development Corporation's investment was in sub-Saharan Africa by value in (a)1996, (b)1997, (c)1998, (d)1999, (e)2000 and (f)2001; [46903]
(4) what the average rate of return on capital employed was by CDC Capital Partners and the Commonwealth Development Corporation on a three year basis for (a)1996, (b)1997, (c)1998, (d)1999, (e)2000 and (f)2001; [46904]
(5) what percentage of the portfolio of CDC Capital Partners and the Commonwealth Development Corporation was held in equity investments by (i) value and (ii) the number of investments in (a)1996, (b)1997, (c)1998, (d)1999, (e)2000 and (f)2001; [46905]
(6) what the return was on CDC Capital Partners' and the Commonwealth Development Corporation's equity portfolio as a percentage in (a)1996, (b)1997, (c)1998, (d)1999, (e)2000 and (f)2001; [46907]
225W
(7) what percentage of CDC Capital Partners' and the Commonwealth Development Corporation's Equity Investments were in (i) least developed countries and (ii) sub-Saharan Africa in (a)1996, (b)1997, (c)1998, (d)1999, (e)2000 and (f)2001; [46908]
(8) what percentage of CDC Capital Partners' and the Commonwealth Development Corporation's equity investments were in (i) the agribusiness sector and (ii) the infrastructure sector in (a)1996, (b)1997, (c)1998, (d)1999, (e)2000 and (f)2001; [46909]
(9) what percentage of CDC Capital Partners' and the Commonwealth Development Corporation's investment in least developed countries were in (i) the agribusiness sector and (ii) the infrastructure sector in (a)1996, (b)1997, (c)1998, (d)1999, (e)2000 and (f)2001. [46910]

1996 1997 1998 1999 2000 2001

Percentage of portfolio in poorer countries (per cent.) n/a n/a 85 85 84 n/a

Number of countries in which investments were made during the year 35 34 33 29 34 29

Number of businesses in which investments were made during the year n/a n/a 96 90 86 81

New investments in sub-Saharan Africa as percentage of investments during the year (per cent.) 31 33 36 32 25 n/a

Average rate of return on three-year basis (per cent.) 15 13 5 5 -2 n/a

Percentage of portfolio held in equity investments: by value (per cent.) 26 29 32 40 50 n/a

Rate of return on equity portfolio (per cent.) 12 11 -8 -9 -11 n/a

Percentage of new investments in (i) poorer developing countries n/a n/a n/a 71 78 n/a

Percentage of new investments in (ii) sub-Saharan Africa n/a n/a n/a 18 15 n/a

Percentage of new investments in (i) the agribusiness sector 34 21 3 28 5 n/a

Percentage of new investments in (ii) the infrastructure sector 6 0 0 15 19 n/a

Percentage of new investments in poorer countries in (i) the agribusiness sector n/a n/a n/a 13 19 n/a

Percentage of new investments in poorer countries in (ii) the infrastructure sector n/a n/a n/a 6 5 n/a

	1996	1997	1998	1999	2000	2001
Percentage of portfolio in poorer countries (per cent.)	n/a	n/a	85	85	84	n/a
Number of countries in which investments were made during the year	35	34	33	29	34	29
Number of businesses in which investments were made during the year	n/a	n/a	96	90	86	81
New investments in sub-Saharan Africa as percentage of investments during the year (per cent.)	31	33	36	32	25	n/a
Average rate of return on three-year basis (per cent.)	15	13	5	5	-2	n/a
Percentage of portfolio held in equity investments: by value (per cent.)	26	29	32	40	50	n/a
Rate of return on equity portfolio (per cent.)	12	11	-8	-9	-11	n/a
Percentage of new investments in (i) poorer developing countries	n/a	n/a	n/a	71	78	n/a
Percentage of new investments in (ii) sub-Saharan Africa	n/a	n/a	n/a	18	15	n/a
Percentage of new investments in (i) the agribusiness sector	34	21	3	28	5	n/a
Percentage of new investments in (ii) the infrastructure sector	6	0	0	15	19	n/a
Percentage of new investments in poorer countries in (i) the agribusiness sector	n/a	n/a	n/a	13	19	n/a
Percentage of new investments in poorer countries in (ii) the infrastructure sector	n/a	n/a	n/a	6	5	n/a