African Development Partners III

Nigeria, Tunisia, Egypt, India Communications and IT Services, Food and agriculture, Health

Development Partners International (DPI) is a private equity firm which looks to invest in the pan-Africa region. The UK-based firm was founded in 2007.

Development Partners International (DPI) is an investment fund manager which looks to invest in the pan-Africa region. The UK-based firm was founded in 2007. DPI’s strategy is to build a diversified pan-African portfolio of investments in established and growing companies.

Expected impact

Our investment will provide much-needed growth capital to support the expansion of African businesses.

Environmental and social aspects

The fund manager has a well-established approach to environmental and social management and we will continue to support and monitor its approach as the portfolio grows.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.

:
Communications and IT Services, Food and agriculture, Health
Website:
http://www.dpi-llp.com
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
Development Partners International
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
June 2019
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$80m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Guernsey

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Channel VAS

Channel VAS is a fintech provider of mobile financial services, airtime credit and airtime advance services, handset loans and big data analytics.

View investment details

Nigeria Africa, West Africa Communications and IT Services September 2019 Active
Sicam

SICAM is a Tunisian tomato processing and agri-business. It has become the fastest growing player and market leader of the sauces and condiments segment in Tunisia, in part driven by its strong relationships with the local farming industry, enabling it access to consistent tomato harvests.

View investment details

Tunisia Africa, North Africa Food and agriculture May 2020 Active

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