China-Africa Development Fund

The China-Africa Development Fund (CADFund) was inaugurated on June 26, 2007, as part of China's commitment to enhance economic cooperation with Africa. Backed by the China Development Bank, CADFund aims to support Chinese enterprises in investing in various sectors across Africa, including infrastructure, agriculture, and industrial development. The fund is designed to channel Chinese capital into projects that align with both Chinese enterprise strategies and African development needs, particularly in growth and project finance. CADFund's mission is to create economic and social outcomes that strengthen African development capacity and enhance competitiveness.

CADFund adds value to its portfolio companies by providing access to capital, facilitating connections with Chinese enterprises, and supporting project development that aligns with both Chinese and African economic goals. The fund's backing enhances the credibility and viability of projects in the African market.