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U.K. to create more jobs in Africa, Asia


The U.K. agency said it created 1.1 million jobs in Africa and Asia in 2012. The Chief Executive Officer of CDC, a British Government-owned development finance institution, Diana Noble, on Friday said

that the organization would create more jobs in Africa and Asia. 


Ms. Noble said in a statement in Lagos that the organization was satisfied with its businesses worldwide, and therefore, would increase the number of jobs it provided on the continents.

“CDC’s new strategy is focused on making investments to grow businesses and create more jobs in Africa and Asia.

“CDC wants to demonstrate to other investors that it is possible to invest successfully in harder places, where the private sector is weak and jobs are scarce,” she said.

Ms. Noble said that the number of jobs provided by CDC increased from 976,000 in 2011 to 1,109,000 in 2012.

“In 2013, we will build on these achievements to create more jobs at no cost to the taxpayer.

“CDC also plans to provide expansion to businesses and projects to support local employment,” she said.

-NAN ( source : )

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