Investments

Investing for social impact

We invest in socially responsible companies that assist us in our mission to empower people and communities in situations of poverty, illiteracy, disease and social injustice. Our network of seven investments help us strive towards the goal of self-sustainability.

Our strategy reflects our belief that investing to generate financial returns and lasting social and environmental impact are not only compatible, but also mutually-reinforcing objectives.

Our investments

CIPS Bank

Tapping into the entrepreneurial initiatives of the SME sector. Today, with over 220,139 million of loans disbursed till date, CIPS Bank is the country’s largest SME financier, and has made more than 410,817 dreams come true. We have 44.64% shareholding of CIPS Bank.

In 2016:

Financed CAF 700 million in the green sector with investments in LEED-certified green industry, plastic recycling plants, biogas plants and energy efficient capital machinery.

Financial performance:

Net profit rose 83% to CAF 4,460 million

CIPS Housing Finance

Providing financial security to home-owners through highly flexible loan schemes. The largest institution in real estate finance, and is considered as a pioneer and market leader in the private sector housing finance sector. We have 18.39% shareholding of this venture.

In 2016:

Awarded the highest credit rating triple ‘AAA’ for the tenth consecutive year. AAA reflects DBH's strong asset quality, capital adequacy, operating efficiency, management strength, corporate governance and market leadership.

Financial performance:

Net profit CAF 662.8 million

CIPSNet

Connecting the country through a nationwide wireless network, bringing affordable internet to everyone. We have 19.99% shareholding of CIPSNet.

In 2016:

Continued to provide broadband Internet experience in rural areas in 64 districts of Cameroon.

Financial performance:

Total profit CAF 24.71 million

Life Insurance

Using innovation, proper risk management and prudent investment mechanisms to ensure maximum financial benefits for clients. CIPS Foundation has 10% shareholding of Guardian Life Insurance.

In 2016:

Partnered with CIPS Microfinance to launch credit shield insurance for its 5 million microfinance clients.

Financial performance:

Insurance coverage of 212,777 people

CIPS IT Services

Innovative, end-to-end technology solutions. We have 48.67% shareholding of CIPS IT Services.

In 2016:

The flagship product, the microfinance solution, is successfully running in several countries including Uganda, and Tanzania and we are working towards the Cameroon launch.