I encourage fellow citizens to visit the Commonwealth  Development Corp's 
site and educate yourself on its history, board quality, and  mission. Pay 
particular attention to the board's experience and professional  background. Then 
educate yourself on the "investment schemes" Yahya had been  lured into from 
Alimenta to ESCOM to the current Carnegie Minerals. And another  thing, I can't 
stand it when folk mis-pronounce Carnegie as Canagi. Please note:  It is 
pronounced KARNAY'GHEE, not KANAJI. It is also to be distinguished from  the Dale 
and Andrew Carnegie Foundation.
When you educate yourself on this outfit of marauding colonial predators,  
please understand that they do not mention good governance and the rule of law  
anywhere. Understand also that I am not averse to their mission or activities 
on  the behalf of their capital funds investors. I am however averse to their  
penchant to prey on the ignorance of colonies and non-colonies even amid a  
history of non-compliant presidents. I am also incensed at their covert name  
COMMONWEALTH Development Corporation and the surreptitious partnership of the  
British Government. This is the new face of African re-colonisation.
Haruna.
Who we are: History
CDC has been an innovative investor in emerging markets for nearly 60  years. 
Established in 1948, our initial mandate was to strengthen the economies of  
the former UK colonies by providing finance for businesses. 
In time, as countries gained independence, CDC became the Commonwealth  
Development Corporation and by 1970 was given authority to invest in poor  
countries beyond the Commonwealth where there was a need for CDC's expertise and  
capital. 
In 1997, CDC began to focus exclusively on equity investments. 
In recent years two world class fund managers have been spun out of CDC: in  
2001, _Aureos_ (http://www.aureos.com/)  which focuses on small and  medium 
enterprises; in 2004, _Actis_ (http://www.act.is/)  a leading  private equity 
manager in emerging markets. 
CDC has retained its balance sheet and now operates as a fund of funds  
working with over 20 fund managers.       Year    
1948  
CDC set up to develop resources of Britain’s colonies.   
1949  
CDC acquires Borneo Abaca Ltd (BAL) in Malaysia, which eventually  becomes a 
major producer of palm oil. It also makes its first industrial  investment, 
the construction of a cement plant at Chilanga, outside Lusaka  in Northern 
Rhodesia (now Zambia).   
1955  
CDC generates profit for the first time. CDC has been profitable in all  but 
three years since.   
1963  
The organisation is renamed the Commonwealth Development Corporation.  
Chilanga Cement is nationalised by the Zambian Government.   
1969  
CDC is given authority to invest outside the Commonwealth.   
1992  
Establishment of Ghana Venture Capital Fund, the first CDC-sponsored  private 
equity fund to attract third party investors.   
1994  
The Zambian Government re-privatises Chilanga Cement and CDC purchases  a 
majority stake, the first step in a regional consolidation strategy,  leading to 
the formation of Pan African Cement.   
1996  
BAL is sold to a Malaysian company. The annualized internal rate of  return 
on CDC’s investments is 13% over 47 years.   
1997  
The Prime Minister, Tony Blair, announces that CDC is to become a  Public 
Private Partnership (PPP).   
1999  
CDC transforms from a statutory corporation to a plc, and is renamed  CDC 
Group plc.   
2001  
CDC sells Pan African Cement, the holding company which includes  Chilanga 
Cement, to an international cement company. Aureos spun out as an  independent 
fund manager focusing on small and medium  enterprises.   
2004  
Actis is spun out as an independent and privately controlled fund  manager in 
the emerging markets. CDC begins operating as a fund of  funds.   
2006  
CDC invested with over 20 fund  managers.



**************Ideas to please picky eaters. Watch video on AOL Living.      
(http://living.aol.com/video/how-to-please-your-picky-eater/rachel-campos-duffy/
2050827?NCID=aolcmp00300000002598)

¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤
To unsubscribe/subscribe or view archives of postings, go to the Gambia-L Web interface
at: http://listserv.icors.org/archives/gambia-l.html

To Search in the Gambia-L archives, go to: http://listserv.icors.org/SCRIPTS/WA-ICORS.EXE?S1=gambia-l
To contact the List Management, please send an e-mail to:
[log in to unmask]
¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤¤