Development Partners International (DPI) is proud to announce that CMGP Group a portfolio company, successfully listed on the Casablanca Stock Exchange (CSE) on December 16th, marking a pivotal milestone in its growth journey. The IPO garnered exceptional investor interest, oversubscribed 37 times with 33,771 participants, making it the third-largest IPO in the history of the CSE. As CMGP's lead investor since September 2018, DPI has played a key role in its evolution from a specialized irrigation solutions provider into a leading integrated agri-services company, now operating in five countries. This transformation was driven by organic growth, strategic acquisitions, and operational enhancements, cementing CMGP’s position as the market leader in its sector. Entering this new chapter as a publicly listed company, CMGP continues to benefit from DPI’s ongoing partnership as its largest shareholder. The company’s founder and management team, instrumental in its success, will remain at the helm to lead its domestic and international expansion. We are excited to support CMGP in this next phase of its development and growth. Read more via the website 🔗https://lnkd.in/enUhbpwb #BreakingNews #CMGPGroup
About us
DPI is an Africa focused private investment firm with US$3.1 billion in assets under management and co-investments across three funds, targeting high growth, impact-driven, and innovation-led companies. DPI’s three funds, African Development Partners I, II and III (ADP I, II and III), are ranked in the top quartile for performance by Cambridge Associates. Since DPI was founded in 2007, its ADP funds have completed 28 investments in 25 companies across the continent and its portfolio companies employ over 60,000 staff, with over 25,000 jobs created during DPI’s investment. In 2020, ADP III became the first 2X Flagship Fund, as part of the global 2X Challenge, committing to integrating a gender lens into its investment process, and reflecting DPI’s long-standing commitment to gender equity. DPI has a female co-founder and CEO, one-third of the partners are women, and 50% of the firm are women. As a signatory to the UN Principles for Responsible Investment (PRI) and the Operating Principles for Impact Management, DPI promotes high ESG and Impact standards and seeks to contribute to the UN Sustainable Development Goals. Since DPI’s founding in 2007, its funds have made 31 investments across 43 African countries and 17 industries. More than 60,000 jobs are provided through ADP II and ADP III investments making the portfolio one of the most important private sector employers on the continent.
- Website
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http://www.dpi-llp.com
External link for Development Partners International (DPI)
- Industry
- Financial Services
- Company size
- 11-50 employees
- Headquarters
- London, London
- Type
- Partnership
- Founded
- 2007
- Specialties
- Pan-African Private Equity, Investments in Africa, Private equity, Africa, Emerging Markets, and Investments
Locations
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Primary
2 Jubilee Place
London, London SW3 3TQ, GB
Employees at Development Partners International (DPI)
Updates
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DOLICEN: Transforming waste into sustainable opportunities ♻️ Inaugurated in June 2023 in Dar Bouazza, DOLICEN, a subsidiary of Dolidol has already recycled more than 650 million PET bottles to produce 12,000 tonnes of polyester fibers. Thanks to an investment of 200 million dirhams, it embodies the commitment to a circular economy and sustainable industrial practices. Concerned about its environmental impact, 20% of the energy consumed comes from photovoltaic panels, reinforcing Dolidol transition towards production that is more respectful of the planet. We are proud our portfolio companies are active participant in the fight against plastic waste and promote responsible practices aligned with our commitment to reduce our impact on the environment. #Dolidol #Dolicen #Sustainable #EnvironmentallyFriendly #Africa
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Development Partners International (DPI) is committed to supporting countries across Africa transition to lower carbon economies. Through our ADP II and ADP III funds we work with our portfolio companies on the continent to: • Reduce their greenhouse gas footprint • Drive resource efficiency • Facilitate the energy transition • Encourage circular economy initiatives To read our report and find out more about DPI’s approach to Impact investing, please visit our website 🔗https://lnkd.in/eaxJxnwG #ImpactInvesting #DPI #Environments #Africa
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DPI: Driving Impact with SOLEVO Group to Support Africa’s Growth At Development Partners International (DPI) (DPI), we are proud to partner with high-impact organizations like Solevo, Africa’s leading specialty chemicals distributor. In April 2023, a DPI-led consortium acquired Solevo, marking a significant milestone in our mission to foster sustainable growth across the continent. Solevo: Over 70 Years of Impact in Africa Solevo operates as a taiored solution provider for a wide range of specialty chemicals, crucial to Africa’s industrial and agricultural growth. Its presence spans key markets, where it holds dominant positions: 1. Ivory Coast and Cameroon: Leading market share. 2. Mali, Burkina Faso, Senegal, Angola, Nigeria, and Madagascar: Ranked among the top three players. Driving Growth Across Sectors Solevo supports over one million smallholder farmers, providing essential agricultural inputs to increase yields, secure crops, and enhance livelihoods. This effort: 1. Improves food security. 2. Strengthens climate resilience across the continent. In addition to agriculture, Solevo serves critical life sciences and industrial sectors: 1. Food & Beverages 2. Home & Personal Care 3. Water Treatment, Mining & Energy 4. Construction & Packaging These sectors are fundamental to Africa’s economic development and sustainability. A Booming Market Africa’s specialty chemicals market is rapidly expanding, fueled by: 1. Urbanization and industrialization 2. A growing middle class 3. Accelerating population growth 4. Demand for specialty chemical products in Solevo’s key sectors is experiencing 5-15% annual growth, reflecting the continent's dynamism and potential. An Ambitious Growth Strategy Together with Solevo, DPI is focused on: 1. Digitalizing supply chains to enhance efficiency and accessibility. 2. Expanding products and markets to meet growing demand. 3. Strengthening Solevo’s position as Africa’s “partner of choice” and leading specialty chemicals distributor. Commitment to Sustainability and Safety Solevo is dedicated to: 1. Providing safe and healthy working conditions for employees, customers, and subcontractors. 2. Minimizing environmental impacts by embedding sustainability throughout operations. 3. Continuously improving its Quality, Health, Safety, and Environment (QHSE) systems and culture. This partnership reflects DPI and Solevo’s shared vision to empower Africa’s industries, enhance food security, and contribute to the continent’s sustainable growth. Together, we are unlocking new opportunities and driving impact across Africa. #Solevo #SolevoGroup #Africa #Partnerships #Spotlight
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Africa’s Climate Change Resilience: A Strategic Priority for Development Partners International (DPI) Africa's vulnerability to climate change presents a material risk for DPI. While the sectors we invest in are not typically carbon-intensive, we prioritise integrating climate change considerations into every aspect of how we manage, support, and exit our portfolio companies. Guided by the Task Force on FSB Task Force on Climate-related Financial Disclosures (TCFD) our approach ensures that: • Climate change is embedded in DPI’s governance structure and that of our portfolio companies. • Processes are in place to identify, assess, and manage climate-related risks effectively. • We track and report on climate-related indicators to uncover mitigation and adaptation opportunities. Leveraging insights from COP29, we are exploring the unique opportunities and strengths of our African portfolio: • Nigeria: The Electricity Act 2023 unlocks renewable energy potential, paving the way for a cleaner energy future. • Morocco: Advances in water security and efficient irrigation systems are driving sustainable agricultural growth. • Tunisia: Accelerated adoption of renewable energy provides a hedge against potential subsidy reforms. • Egypt: Solar energy offers transformative solutions to mitigate power disruptions and enhance resilience. These developments underscore Africa’s potential for sustainable and resilient growth. By aligning with global climate goals, DPI empowers its portfolio companies to address the challenges of a changing climate while capitalising on opportunities for transformative growth. #Africa #ClimateChange #Environment
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At DPI, we are proud to partner with high-impact organizations like Optasia which not only deliver strong financial performance but also drive meaningful social change. The Challenge: Approximately 1.7 billion adults globally, primarily in emerging markets, remain excluded from traditional financial services. This lack of access limits their ability to fully engage in the economy, stifling opportunities for both individuals and small businesses. Optasia’s Solution: Optasia is tackling this challenge head-on with its innovative “B2B2X” (Business-to-Business-to-Anything) financial technology platform. Optasia does so by empowering partners across over 40 countries in Africa, the Middle East and Asia, to deliver financial services in underserved regions, using its AI-driven, end-to-end technology for: • credit scoring, • financial decisioning, and • seamless disbursement and collection. These services ultimately serve to foster trust and unlock financial access for the underbanked. Overall, Optasia is transforming financial inclusion for the next billion customers with its its data-driven, scalable platform — ensuring that everyone, regardless of their financial background, has access to the services and opportunities they deserve. Learn more about Optasia: https://optasia.com Explore DPI’s portfolio: https://lnkd.in/eyZpzbPJ #Optasia #Africa #Finance
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Congratulations to CEO/Founder of Development Partners International (DPI) , Runa Alam for her exceptional achievement, receiving the Outstanding Contribution to Private Capital award at the SuperReturn Africa GP and Service Provider Awards 2024! Her leadership and influence are truly shaping the future of the industry. A special shoutout to all the GP Award Winners, who represent excellence in their fields: • Pan-African Fund Manager of the Year: Adenia Partners • North African Fund Manager of the Year: Algebra Ventures • East African Fund Manager of the Year: ARCH Emerging Markets Partners Limited • South African Fund Manager of the Year: Infra Impact Investment Managers • West African Fund Manager of the Year: Uhuru Investment Partners • Central African Fund Manager of the Year: Kuramo Capital Management • Emerging Manager of the Year: Norrsken22 • VC Fund Manager of the Year: Partech • Best Sustainable Fund Manager of the Year: BluePeak Private Capital • Best Female Fund Manager of the Year: Sanari Capital This prestigious event celebrates the trailblazers driving innovation, sustainability, and growth across Africa’s private equity ecosystem. Here's to continued progress and impact in the years to come! #SRAfrica #CelebratingExcellence #PrivateEquity #Sustainability #Innovation
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Promoting gender equality is part of our DNA and a key component of our mission to foster long-term, positive social and economic impact throughout Africa. In fact, we have seen firsthand how female empowerment enables economic participation and contributes to sustainable development. As per our latest Impact Report: - Our portfolio companies employ more than 20,000 female employees - 50% of our ADP II and ADP III portfolio companies are 2X Global qualified - 1,567 women employed by our portfolio companies were promoted in 2023 Meanwhile, 51% of the DPI team are women and we have 39% of women in senior management. To read our report and find out more about DPI’s approach to Impact investing, please visit our website: https://lnkd.in/exdi3Thj #DPIGenderEquality #GenderEquality #WorkplaceCulture #ImpactReport
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Development Partners International (DPI) reposted this
We are delighted to welcome NEJADE HENRI as Chairman of the SOLEVO Group Board, effective November 1st. Henri is a distinguished leader in the chemical and chemical distribution industry with over 30 years of global experience. As Group COO of Brenntag, in charge of Specialty Chemicals & Ingredients and previously CEO of Brenntag Asia Pacific, he has led transformative growth initiatives and built high-performing teams. At Rhodia, he held senior roles including Vice President International Affairs and Head of Global Sales and Marketing, driving impactful strategies across international markets. We are confident that Henri’s leadership will accelerate Solevo’s growth and solidify our position as a leading, segment-specific specialty chemical distributor across Africa and beyond. #Solevogroup #Leadership #Growth #SpecialtyChemicals
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Development Partners International (DPI) reposted this
I am proud of the work of my firm Development Partners International (DPI) and specifically of the DPI Impact ESG team of Vincent Lecat Imen Jarrahi , and Imane Radouane . Our 2024 Impact Report highlights some of the work done this year along with outcomes. #ImpactReport #DPI #Africa #Equity #ESG
Development Partners International (DPI) was proud to host our 2024 Impact Forum yesterday and to introduce our latest Impact Report. The incredible milestones our companies reached last year demonstrate our commitment to delivering not only strong returns but to driving long-lasting positive social, environmental and economic impact across Africa. Key highlights include: - Our companies provided more than $12.5 billion in loans to over 176,000 small businesses. - DPI’s companies directly employ more than 61,000 people, creating a further 50,000 jobs indirectly. - In 2023 alone, almost 2,000 women were appointed to management positions within the portfolio. Watch the video below to see our impact in action and read the full report here: https://lnkd.in/eV7pfnsH #DPI #Africa #PrivateEquity #Impact #ESG