Development Partners International brings in a new backer for ADP III
With its new pan-African fund, the UK private equity firm demonstrates an ambitious investment approach with investments ranging between $40m and $120m per company. In addition, the Netherlands Development Finance Company recently joined in on the venture.
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▪ Development Partners International brings in a new backer for ADP III
▪ With its new pan-African fund, the UK private equity firm demonstrates an ambitious investment approach with investments ranging between $40m and $120m per company. In addition, the Netherlands Development Finance Company recently joined in on the venture.
▪ https://www.africabusinessplus.com/en/804089/runa-alam-development-partners-international-engrange-un-nouveau-soutien-pour-adp-iii/
Despite the current economic crisis, Development Partners International (DPI) continues to secure funding for its third pan-African fund, African Development Partners III, and recently obtained a commitment from Holland’s FMO. The investment commitment, estimated at $25m, is in line with the $20m injected by the International Finance Corporation in August 2019.
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