Through careful risk-management analysis in data poor settings, over time we have identified scalable solutions that can help to make frontier financial markets more inclusive and sustainable with the purpose to unlock lasting economic value.
Local currency financing
We focus on capital market development in frontier markets in combination with local currency financing.
Risk-management tools
Our companies require the application of a comprehensive risk management approach to capital and risk, especially applied in data-poor environments.
Leverage development institutions network
Our companies are created within a shared network of development institutions and banks that fund our efforts or that we target as clients.
Additionality
Our innovations are all scalable and highly additional to what anyone else is doing.
Business-to-business proposition
We focus on business-to-business propositions as local partners from our business partners will distribute the last mile.
Our five pillar formula
Our grounding pillars are used to support our companies and partners in transforming the financial markets of frontier economies. Developed through extensive research and analysis, it forms the bedrock of our business.
01
Capital mobilisation
Partnering with domestic and international investors from the public and private sector, to make local markets more investable and sustainable. Crowding in private capital through concessional and donor funding.
02
Risk mitigation
Instruments and tailored structuring for financial institutions to strengthen financial stability and accelerate market development.
03
Technical Assistance
we actively assist our start-ups, their clients and other stakeholders such as regulators and governments with technical assistance and knowledge transfer
04
Systems support
We provide comprehensive risk management and administration/reporting support to our start-ups.
05
Knowledge sharing
Through sharing our insights and lessons learned with our network and broader stakeholders, we build capacity in the development finance sector.
Operational in 60+ countries
The scale and density of our network and the strength of our partner relationships in every financial market means we can be faster and more responsive to the needs of our clients.
Countries of operation
Theory of Change
Cardano Development (CD) is an incubator of innovative business concepts that deliver disruptive and inclusive financial services in developing countries. CD has developed a Theory of Change (ToC) to inform CD’s decision-making process and to enhance its communication, transparency and accountability towards internal and external stakeholders in relation to the mission.
The ToC explains how CD’s innovation work contributes to the ‘pathways of change’ that lead to the intended impacts within our target financial markets. The ToC refers to the CD’s current activities as well as future possible developments.
The ODI has produced a literature review to establish a stylised description of ‘typical’ underdeveloped financial systems and their gaps and deficits in supporting inclusive and stable economic growth and how CD’s interventions will contribute to tackling these gaps and deficits (market failures).
Read our Theory of change here
The ToC explains how CD’s innovation work contributes to the ‘pathways of change’ that lead to the intended impacts within our target financial markets. The ToC refers to the CD’s current activities as well as future possible developments.
The ODI has produced a literature review to establish a stylised description of ‘typical’ underdeveloped financial systems and their gaps and deficits in supporting inclusive and stable economic growth and how CD’s interventions will contribute to tackling these gaps and deficits (market failures).
Read our Theory of change here
Swipe
