CDC appoints Chris Chijiutomi, as the new Head of its Infrastructure Equity Team

01 Nov 2018

Chris Chijiutomi has been with CDC since 2017 as an Investment Director and replaces Sameh Shenouda who left CDC in September. He will lead the CDC team making equity investments in infrastructure in CDC’s target regions of Africa and South Asia.

Before joining CDC, Chris worked as an Investment Director for ARM-Harith Infrastructure Investment Ltd in an Equity Infrastructure Fund focused on investments in West Africa, specifically in transportation, energy, and utilities projects.

Infrastructure plays an increasingly important role in CDC’s investment focus and represents almost a quarter of CDC’s US$5.3 billion portfolio. In 2017, 38% of CDC’s investment commitments went to infrastructure projects, either through direct equity; project finance or via infrastructure-focused investment funds.

Recent CDC infrastructure investments include Ayana Renewables, a new independent solar and wind generation company that will develop hundreds of megawatts of power targeting underserved Indian states and neighbouring countries in South Asia; a US$50 million debt investment in Malindi Solar Group to build a 52MW solar power plant in South-East Kenya; and a US$39 million investment in 50MW Tè Power Plant in Guinea.

-END-

Contact 

Rhyddid Carter

+44 (0)20 7963 4741/ +44(0)7824 552 326

 

« Back to Member News

We’re on Clubhouse! Join the AVCA PE & VC Lounge for conversations about key trends driving African investment and… https://t.co/M7qS2knmrz

We look forward to welcoming @AbasiEneobong of @weare54gene and Biju Mohandas of @LeapFrogInvest at the upcoming AV… https://t.co/3Z72z8Vknw

RT @nickodonohoe: It’s important for us to consider the disproportionate economic impact the pandemic is having on women. Thanks to @AVCA_A…

Calling all first-time fund managers and GPs currently fundraising! We have limited slots available for the Pitch C… https://t.co/NhrxeB3fGA

Don't miss the panel 'Evolving Themes and Emerging Opportunities' with Adenia Partners' Managing Partner, Stephane… https://t.co/q6DVq0rNVZ

;