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Development Partners International

Europe, England, United Kingdom, London

Description

Development Partners International (DPI) is a prominent London-based private equity firm with a dedicated focus on making significant investments across the African continent. Established as a leading player in the region's private equity landscape, DPI targets high-growth companies in essential sectors such as financial services, consumer goods, healthcare, and industrials. The firm's strategy revolves around growth equity and buyout transactions, aiming to partner with strong management teams to build market-leading businesses that contribute to Africa's economic development.

DPI has successfully raised and managed a series of funds, accumulating over $2.8 billion in assets under management across its three flagship African Development Partners (ADP) funds. Its most recent fund, ADP III, closed at an impressive $900 million in 2020, making it one of the largest funds dedicated to African private equity. This substantial capital base allows DPI to execute large-scale investments and provide significant growth capital to its portfolio companies, often taking lead or co-lead positions in its deals.

The firm typically deploys substantial capital, with its first cheque sizes generally ranging from $30 million to $100 million per company. This substantial investment range underscores DPI's commitment to supporting mature, scalable businesses poised for significant expansion. To date, DPI has invested in 23 companies across 9 sectors and 29 African countries, demonstrating a broad geographical reach and diversified sector exposure. The firm also boasts a strong track record of value creation and successful exits, having realized 14 exits from its portfolio companies, reflecting its disciplined investment approach and ability to generate returns for its limited partners.

DPI's long-term commitment to Africa is evident in its sustained investment activity and its focus on fostering sustainable growth. By providing not only capital but also strategic and operational support, DPI aims to unlock the potential of African enterprises, driving job creation and economic prosperity across the continent. Its established presence and deep understanding of the African market position it as a key partner for businesses seeking substantial growth capital and strategic guidance.

Investor Profile

Development Partners International has backed more than 34 startups, with 2 new investments in the last 12 months alone. The firm has led 20 rounds, about 59% of its total and boasts 8 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Series Unknown, Secondary Market rounds (top funding stages).
  • Majority of deals are located in Egypt, South Africa, Morocco.
  • Strong thematic focus on Financial Services, Manufacturing, Retail.
  • Led 2 rounds in the past year.
  • Typical check size: $30M – $100M.

Stage Focus

  • Private Equity (59%)
  • Series Unknown (24%)
  • Secondary Market (6%)
  • Series A (6%)
  • Post Ipo Equity (3%)
  • Series C (3%)

Country Focus

  • Egypt (24%)
  • South Africa (12%)
  • Morocco (12%)
  • United Kingdom (9%)
  • Nigeria (9%)
  • United Arab Emirates (9%)
  • Côte d'Ivoire (9%)
  • Algeria (6%)
  • Tunisia (3%)
  • Botswana (3%)

Industry Focus

  • Financial Services
  • Manufacturing
  • Retail
  • Banking
  • Telecommunications
  • Logistics
  • Payments
  • Pharmaceutical
  • Fintech
  • Food Processing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Development Partners International frequently co-invest with?

Bossa Invest
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 1
Lorax Capital Partners
Africa, Al Qahirah, Egypt, Zamalek
Co-Investments: 3
Middle East Venture Partners (MEVP)
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 2
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 2
Apis Partners
Europe, England, United Kingdom, London
Co-Investments: 3
Disruptech Ventures
Africa, Al Qahirah, Egypt, Cairo
Co-Investments: 2
KFW DEG
Europe, Nordrhein-Westfalen, Germany, Cologne
Co-Investments: 2
British International Investment
Europe, England, United Kingdom, London
Co-Investments: 2
Algebra Ventures
Africa, Al Qahirah, Egypt, Cairo
Co-Investments: 2
Ethos Private Equity
Africa, NA - South Africa, South Africa, Johannesburg
Co-Investments: 2

What are some of recent deals done by Development Partners International?

Alameda Health Care

Cairo, Al Qahirah, Egypt

Alameda Health Care is a private healthcare Group with growing activities that include hospitals, outpatient clinics, diagnostic centers.

Health CareHospitalMedical Device
Private EquityJul 6, 2025
Amount Raised: $190,000,000
Sylndr

Cairo, Al Qahirah, Egypt

Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market.

E-CommerceMarketplaceRetail
Series AMay 19, 2025
Amount Raised: $15,700,000
Moniepoint

London, England, United Kingdom

Moniepoint is a financial technology company that offers payments, banking, and a platform tailored for businesses and their customers.

BankingCreditFinanceFinancial ServicesFinTechPayments
Series COct 29, 2024
Amount Raised: $110,000,000
MNT-Halan

Cairo, Al Qahirah, Egypt

MNT-Halan is a microfinance lending and payments platform that provides financial services to businesses.

BankingFinancial ServicesMicro Lending
Series UnknownJul 19, 2024
Amount Raised: $157,500,000
Pan African Towers

Lagos, Lagos, Nigeria

Pan African Towers Limited, is a telecommunications infrastructure and wireless service facilitator.

Telecommunications
Private EquityNov 27, 2023
Kazyon

Cairo, Al Qahirah, Egypt

Kazyon is the largest Egyptian discount supermarket chain with over 450 stores in 17 governorates.

Retail
Private EquityApr 27, 2023
Amount Raised: $165,000,000
Marcyrl Pharmaceutical

Cairo, Al Qahirah, Egypt

Marcyrl Pharmaceutical is one of the largest leading pharmaceutical company manufacture generic products.

BiotechnologyHealth CareManufacturingMedicalPharmaceutical
Private EquityApr 4, 2023
Ukheshe Technologies

Johannesburg, NA - South Africa, South Africa

Ukheshe Technologies offers digital wallets, online payments, digital KYC, virtual cards, prepaid, debit, and credit card issuing services.

Credit CardsDebit CardsFinancial ServicesPayments
Series ADec 7, 2022
Amount Raised: $40,000,000
Groupe COFINA

Abidjan, Lagunes, Côte d'Ivoire

Groupe COFINA is an African financial institution dedicated to mesofinance.

FinanceFinancial ServicesSmall and Medium BusinessesVenture Capital
Secondary MarketMay 25, 2022
Amount Raised: $64,121,677
KELIX bio

Dubai, Dubai, United Arab Emirates

KELIX bio is a specialty generic business focused on delivering high complexity products to underserved populations across emerging markets.

ManufacturingPharmaceutical
Series UnknownMar 9, 2022
Amount Raised: $200,000,000