Organization · Government VC
China-Africa Development Fund
The China-Africa Development Fund (CADFund) is a Beijing-based investment platform that promotes economic cooperation between China and Africa, focusing on sectors like infrastructure, agriculture, and manufacturing.
Overview
What China-Africa Development Fund does
What China-Africa Development Fund is
The China-Africa Development Fund (CADFund) is a Beijing-based investment platform that promotes economic cooperation between China and Africa, focusing on sectors like infrastructure, agriculture, and manufacturing.
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Government VC
- Founded
- Founded in 2007
- Approximate age
- About 19 years
- Structured capabilities
- Funder
- Last reviewed
- May 5, 2026
Official channels
Find China-Africa Development Fund elsewhere
Open the official website or a supported primary organization account.
Capability profile
China-Africa Development Fund as a funder
Investment thesis
The China-Africa Development Fund (CADFund) aims to encourage and support Chinese enterprises to invest in Africa, focusing on creating economic and social outcomes while enhancing Africa's competitiveness through equity and quasi-equity investments.
Focus narrative
CADFund focuses on investing in sectors that are crucial for the economic development of African countries. This includes infrastructure, agriculture, manufacturing, energy, and resource development. The organization seeks to enhance the capacity of African nations while fostering sustainable economic growth through strategic investments.
Value beyond capital
CADFund adds value to its portfolio companies by providing access to capital, facilitating connections with Chinese enterprises, and supporting project development that aligns with both Chinese and African economic goals. The fund's backing enhances the credibility and viability of projects in the African market.
Focus and fit
- Stages
- Growth Equity
- Sectors
- EnergyTelecommunications
- Regions
- Africa
Availability
- Currently deploying
- Yes
Portfolio and track record
Portfolio context
Notable portfolio companies include: Independent Media: A South African media company where CADFund held a 20% stake. Coega Industrial Development Zone: An industrial development zone in South Africa that CADFund helped establish. China-Union / WISCO Bong County Iron Ore Project: A significant iron ore project in Liberia where CADFund participated in development efforts.
Common questions
What to know about China-Africa Development Fund
Upseed classifies China-Africa Development Fund under the Government VC organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.