Caisse des Dépôts et Consignations
Caisse des Dépôts et Consignations (CDC Tunisia) is a state-owned public financial institution that mobilizes long-term capital from CENT deposits, legal consignations, and donor financing to invest in Tunisian startups, SMEs, and underserved regions through programmes like GreenTECH, WATANI, Fin4Youth+, and the JoussourINVEST marketplace.
- Company typePrivate
- Founded2011
- HeadquartersTunis, Tunisia
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Caisse des Dépôts et Consignations does
Caisse des Dépôts et Consignations (CDC Tunisia) is a state-owned public financial institution established in Tunis on September 13, 2011 by décret-loi 2011-85. It functions as an "investor of general interest," mobilizing long-term capital from CENT deposits (TND 8,768M), legal consignations (TND 1,573M), a state endowment (TND 50M), and market borrowings to deploy financing into sectors and regions underserved by the Tunisian private sector. As of December 31, 2022, CDC reported a total balance sheet of TND 11,923M, shareholders' equity of TND 570M, and net income of TND 62M, operating under prudential management rules with a counter-cyclical, demonstration-effect mandate.
CDC's service portfolio is organized as a stack of programmes rather than a unified product: direct financing (TND 118M deployed in 2022), mezzanine financing through OCAs to 14 beneficiary companies, investments via 6 regional SICARs (23 projects, TND 55.8M partial exit in 2022), and a growing platform layer including the JoussourINVEST digital private equity marketplace, the E-CDC online gateway for suppliers and financing applicants, and named programmes such as GreenTECH (greentech commercialization-stage), WATANI and DiasDEV (diaspora engagement), Fin4Youth+ and FAST (women entrepreneurs), Flywheel (startup support structures, GIZ-funded), SAVE (rescue financing for distressed labeled startups), and RCAP-GA (social and solidarity economy). Target segments span startups, SMEs, women entrepreneurs, diaspora, greentech firms, social economy enterprises, and interior-region businesses.
CDC's go-to-market combines direct-to-applicant engagement (website, E-CDC, roadshows in Bizerte, Kairouan, Sfax, Gabès) with an intermediated channel structure (6 regional SICARs, plus implementation partners Smart Capital, Expertise France, GIZ, CITET, FAO). Major capital and programme partners include the World Bank (€66.9M), KfW (€20M), AFD (€10.5M across ENLIEN and FAST), the EU (GreenTECH via Tunisie Verte et Durable), and GIZ ($2M for Flywheel), with an additional €40.1M in the ANAVA Fund of Funds and TND 191M in subscriptions to 22 local funds. Revenue mechanics are not product-pricing based; CDC operates a fund-management and investment-deployment model funded by institutional deposits, consignations, and donor capital.
Caisse des Dépôts et Consignations firmographics
Firmographics- Name
- Caisse des Dépôts et Consignations
- Legal name
- Caisse des Dépôts et Consignations
- Website
- https://cdc.tn
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Caisse des Dépôts et Consignations (CDC Tunisia) is a state-owned public financial institution that mobilizes long-term capital from CENT deposits, legal consignations, and donor financing to invest in Tunisian startups, SMEs, and underserved regions through programmes like GreenTECH, WATANI, Fin4Youth+, and the JoussourINVEST marketplace.
- Ownership category
- akta.pro rank
Caisse des Dépôts et Consignations industry classification
Industry- Product category
- Development Finance
- NAICS
- Grantmaking and Giving Services (81321), International Affairs (92812)
- SIC
- Federal & Federally-Sponsored Credit Agencies (6111), Foreign Governments (8888)
- akta.pro primary industry
- National Development Banks & State Development Finance Institutions (DFIs) (BPADACAC)
- akta.pro secondary industries
- Guarantee, Insurance & Risk Mitigation Facilities (BPADACAK), Private Sector & Blended Finance Arms (IFC-type) (BPADACAJ), Bilateral Development Finance Institutions (DFIs) (BPADACAD)
Keywords
Where Caisse des Dépôts et Consignations is headquartered
LocationHeadquarters
- HQ city
- Tunis
- HQ country
- Tunisia
- HQ region
- Africa
Offices1 record
Markets served
Caisse des Dépôts et Consignations business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Deposits from Caisse d'Épargne Nationale Tunisienne (CENT): Core deposits from CENT form the primary funding base, managed under prudential rules for long-term investment
- Legal Consignations: Deposits and consignations ordered by law, justice, or administration held by the treasury general in Tunisia
- State Endowment: Dotation from the Tunisian state as initial capital and ongoing support
- Market Borrowings: Loans mobilised from domestic and international financial markets
- Financial Investment Returns: Returns from investment in Treasury bonds, public and private obligations, and equity participations in sectors with attractive returns
Go-to-market motion1 record
Distribution channels4 records
Marketing channels10 records
Caisse des Dépôts et Consignations product offering
Product offeringCore offering
Caisse des Dépôts et Consignations (CDC Tunisia) is a state-owned public financial institution that mobilizes long-term resources to finance startups, SMEs, and innovative enterprises in sectors and regions insufficiently covered by the Tunisian private sector. It deploys financing through programs such as GreenTECH, WATANI, Fin4Youth+, FAST, Flywheel, and the JoussourINVEST private equity marketplace, supported by an E-CDC digital gateway for stakeholder engagement.
Product overview
Caisse des Dépôts et Consignations (CDC) is a Tunisian public financial institution that operates as an investor of public interest, mobilizing resources for sectors insufficiently covered by the private sector. The institution's portfolio consists of multiple financing programs and initiatives rather than a unified software product. Key offerings include GreenTECH (green financing for greentech startups), the JoussourINVEST digital marketplace (private equity matching platform), and various entrepreneurship support programs (Startups & PME Innovantes, WATANI, Fin4Youth+, FAST, Flywheel). CDC also provides direct financing services, SICAR investments, mezzanine financing, and an E-CDC digital gateway for stakeholder interactions. The organization functions primarily as a development finance institution rather than a technology product company.
Differentiator
Problem solved
Functional benefit
Products and services
- GreenTECH Green financing mechanism targeting commercialization-stage greentech startups and SMEs in renewable energy, sustainable mobility, and waste management sectors.
- JoussourINVEST Marketplace
Quantifiable outcome
- 23 projects invested through 6 regional SICARs with a partial exit of TND 55.8 million in 2022
- +3 more outcomes
Companies that use Caisse des Dépôts et Consignations
Customer profileNamed customers3 records
Segments6 records
Ideal customer profiles4 records
Caisse des Dépôts et Consignations technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Caisse des Dépôts et Consignations partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and supporting.
- Smart CapitalcoreSmart Capital is a key implementation partner for CDC programmes including GreenTECH Tunisia, the Greenov'i initiative, and the Startups and PME Innovantes project. Smart Capital leads the GreenTECH initiative under the EU Tunisia Verte et Durable programme.
- Expertise FrancecoreExpertise France implements the Greenov'i programme (EU-funded) in partnership with CDC Tunisia, the Ministry of Environment, and Ministry of Economy.
- FAO (Food and Agriculture Organization)supportingFAO and CDC signed a protocol in May 2025 to reduce food waste in urban areas, implementing the 'Zéro Gachi Challenge' hackathon with municipalities of Tunis and La Goulette.
- CITET (Centre International des Technologies de l'Environnement de Tunis)supportingCITET is a partner in the GreenTECH initiative alongside CDC, Expertise France, Ministry of Environment, and Ministry of Economy and Planning.
- Forum des Caisses de DépôtsupportingInternational network of deposit banks from Europe, Africa, and America that CDC Tunisia participates in, hosting events like the 8th International Conference in Nouakchott.
- Islamic Corporation for the DevelopmentsupportingICD is listed as a partner of CDC Tunisia, likely for development finance collaboration.
- IPEMED (Institut de Prospective Economique du Monde Méditerranéen)supportingMediterranean economic foresight institute partnering with CDC Tunisia on economic analysis and strategy.
- Oxford Business GroupsupportingEconomic research and publishing group listed as CDC partner for economic intelligence and publications.
- APII (Agence de Promotion de l'Industrie et de l'Innovation)supportingTunisian agency for industry and innovation promotion working with CDC on startup and SME support.
- IGPPP (Instance Générale de Partenariat Public Privé)supportingGeneral Authority for Public-Private Partnership collaborating with CDC on PPP projects and expertise.
Scale indicators14 records
Recent moves6 records
Expansion highlights7 records
Caisse des Dépôts et Consignations competitors and assessment
Company assessmentBroad incumbents
- Caisse des Dépôts et Consignations (France): The original French CDC is a major long-term investor with a deposit-bank structure, social housing finance, and infrastructure investing. Tunisia's CDC is explicitly modeled on this institutional archetype, sharing the 'investor of general interest' mandate and dual public/development finance role.
- IFC (International Finance Corporation): The World Bank Group's private-sector DFI and the largest globally. Operates in MENA with comparable SME, climate, and capital-market development mandates; broader scale and product set but overlapping mission in Tunisia and the wider region.
- EBRD (European Bank for Reconstruction and Development): Multilateral DFI supporting private-sector development across emerging Europe, North Africa, and Central Asia. Active in Tunisia with a comparable SME and green-economy investment mandate at materially larger scale.
Direct peers
- CDC Group (British International Investment): UK's development finance institution providing patient capital to businesses in developing and emerging markets. Operates a near-identical model of concessional and commercial investment into SMEs, infrastructure, and financial inclusion, with a strong counter-cyclical mandate.
- FMO (Dutch Entrepreneurial Development Bank): Dutch DFI investing in private sector projects in developing countries with a strong focus on green finance, financial inclusion, and SMEs. Highly comparable as a European DFI channeling concessional and blended finance into emerging markets.
- DEG (Deutsche Investitions- und Entwicklungsgesellschaft): German DFI providing long-term financing to private enterprises in emerging markets, with a portfolio emphasis on infrastructure, greentech, and SME finance. Comparable mandate and counter-cyclical role, and importantly partners with CDC Tunisia (KfW is DEG's parent).
- Proparco: AFD's private-sector financing arm focused on developing countries. Directly comparable as a blended-finance DFI in francophone Africa; AFD is itself a CDC Tunisia funding partner, making Proparco a near-adjacent peer in the same ecosystem.
- ICD (Islamic Corporation for the Development of the Private Sector): Multilateral DFI member of the Islamic Development Bank Group, focused on private-sector development in OIC member countries including Tunisia. Already a listed partner of CDC Tunisia; comparable Sharia-compatible SME and infrastructure financing mandate.
Regional players
- African Development Bank (AfDB): Continental DFI headquartered in Abidjan with active North Africa operations, including Tunisia. Comparable mission in financing infrastructure, SME development, and green transition across the African continent.
Others
- Banque de l'Habitat (Tunisia): Major Tunisian state-controlled financial institution participating in housing and infrastructure finance. Adjacent domestic peer reflecting Tunisia's broader state-owned financial ecosystem in which CDC operates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Caisse des Dépôts et Consignations social profiles
Digital presenceCaisse des Dépôts et Consignations financial estimates
Financial estimateRevenue estimate
Valuation estimate
Caisse des Dépôts et Consignations leadership team
Management profileNumber of profiles
Profiles1 record
Caisse des Dépôts et Consignations subsidiaries and ownership
Company hierarchySubsidiaries1 record
Caisse des Dépôts et Consignations funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Caisse des Dépôts et Consignations M&A and investment
M&A and investmentM&A
Investments5 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Caisse des Dépôts et Consignations
What does Caisse des Dépôts et Consignations do?
Caisse des Dépôts et Consignations (CDC Tunisia) is a state-owned public financial institution that mobilizes long-term resources to finance startups, SMEs, and innovative enterprises in sectors and regions insufficiently covered by the Tunisian private sector. It deploys financing through programs such as GreenTECH, WATANI, Fin4Youth+, FAST, Flywheel, and the JoussourINVEST private equity marketplace, supported by an E-CDC digital gateway for stakeholder engagement.
Is Caisse des Dépôts et Consignations a public or private company?
Caisse des Dépôts et Consignations is a private company. It is classified as state government owned and is currently operating.
When was Caisse des Dépôts et Consignations founded?
Caisse des Dépôts et Consignations was founded in 2011. It employs 101 to 250 people.
Where is Caisse des Dépôts et Consignations based?
Caisse des Dépôts et Consignations is headquartered in Tunis, Tunisia, in the Africa region.
How does Caisse des Dépôts et Consignations make money?
Five revenue lines are on record. Deposits from Caisse d'Épargne Nationale Tunisienne (CENT) is the primary driver. The others are legal Consignations, state Endowment, market Borrowings and financial Investment Returns.
Who are Caisse des Dépôts et Consignations's main competitors?
Broad incumbents on record are Caisse des Dépôts et Consignations (France), IFC (International Finance Corporation) and EBRD (European Bank for Reconstruction and Development). Direct peers are CDC Group (British International Investment), FMO (Dutch Entrepreneurial Development Bank), DEG (Deutsche Investitions- und Entwicklungsgesellschaft), Proparco and ICD (Islamic Corporation for the Development of the Private Sector). African Development Bank (AfDB) is listed as a regional player. Banque de l'Habitat (Tunisia) is listed as an others.
Does Caisse des Dépôts et Consignations have an API?
No public API is recorded for Caisse des Dépôts et Consignations.
What industry is Caisse des Dépôts et Consignations in?
Caisse des Dépôts et Consignations's product category is Development Finance. Its primary akta.pro industry code is BPADACAC, National Development Banks & State Development Finance Institutions (DFIs), with a secondary code of BPADACAK, Guarantee, Insurance & Risk Mitigation Facilities. Its NAICS code is 81321 and its SIC code is 6111.