British International Investment plc, (formerly CDC Group plc, Commonwealth Development Corporation, and Colonial Development Corporation) is the development finance institution of the UK government.[2] The Foreign, Commonwealth and Development Office is responsible for the organisation, and is the sole shareholder.[3] It has an investment portfolio valued around US$7.1 billion (year-end 2020)[4] and since 2011 is focused on the emerging markets of South Asia and Africa via its direct investment and cooperation with important global stakeholders such as Standard Chartered.[5][6]