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UK development finance institution (DFI) CDC Group is looking towards a near doubling of its African investment portfolio over the next four years. Speaking at a UK-South Africa Business Forum event in Cape Town on 27 August, at the start of Prime Minister Theresa May’s visit to Africa – which was intended to show that Britain would make a major new commitment to investing in Africa after its departure from the European Union – chief executive Nick O’Donohoe said CDC aimed to commit up to £3.5bn ($4.5bn) of investment to African businesses over 2018-21.