Fund manager (General Partner), AVCA member, dedicated to growing African companies. Assets under management: ≈ USD 3.5bn.
Based on observed investment behaviour: 8 recorded deals
Does this fund fit your project?
Describe your need: the target list shows, for each source of capital, why it fits and which deals prove it.
Criteria published by the fund, recorded and checked by Invest Matching.
* added from its deals
Recent public deals: they say better than a thesis what the fund actually signs.
Activity : Payments and mobile money
Moniepoint, one of Nigeria’s most prominent fintechs, has raised an additional $90 million to complete its Series C round, one year after achieving unicorn status.
Co-investors LeapFrog Investments, Visa
Source : techcabal.com
Activity : Payments and mobile money
Instrument : Série C clôturée à 200 M$ en octobre 2025 (LeapFrog en ancrage de la clôture finale) · Vehicle : African Development Partners III
Fintech ecosystem providing payments, banking, credit and management tools to businesses and their customers.
Why they invested
Advisers
Co-investors Google Africa Investment Fund, LeapFrog Investments, Lightrock, Verod Capital
Source : dpi-llp.comN1 · Primary source
Activity : Agricultural inputs and services
Vehicle : African Development Partners III
African specialty-chemicals distribution platform serving agricultural and industrial markets.
Why they invested
Source : dpi-llp.comN1 · Primary source
Activity : Telecom towers and fibre
Vehicle : African Development Partners III
Digital and telecommunications infrastructure company based in Nigeria.
Source : dpi-llp.comN1 · Primary source
Activity : Fintech infrastructure (APIs, open banking, BaaS)
Instrument : Investment agreement · Vehicle : African Development Partners III
Fintech platform providing Banking-as-a-Service and embedded-finance solutions to banks, fintechs, mobile operators and SMEs.
Why they invested
Co-investors Fireball Capital
Source : dpi-llp.comN1 · Primary source
Activity : SME finance
Instrument : Investissement minoritaire significatif de 60 M EUR · Vehicle : African Development Partners
Financial institution providing financing solutions to SMEs and individuals across West and Central Africa. The group operates in several Francophone countries in the region.
Why they invested
Source : dpi-llp.comN1 · Primary source
Co-investor alongside Africa Capital Alliance
Activity : Hospitality and catering
Instrument : Acquisition de 31 % du capital auprès de DPI
Food Concepts operates Chicken Republic, PieXpress and Chop Box in Nigeria and Ghana, as well as an online delivery business.
Why they invested
Source : acagp.comN1 · Primary source
Activity : Security, cleaning and facility management
Vehicle : African Development Partners II
Facilities-management specialist providing catering, maintenance, laundry and housekeeping services at remote sites across Africa.
Why they invested
Source : dpi-llp.comN1 · Primary source
DPI (Development Partners International) invests tickets ranging from 40 M$ to 120 M$, across the following sectors: Financial services, Fintech, Healthcare, Retail & distribution, Manufacturing, Agribusiness, Business & personal services, Telecoms & digital infrastructure, and Tourism & hospitality, in the following areas: Egypt, Morocco, Nigeria, Kenya, Côte d'Ivoire, Tunisia, and South Africa. Check in 30 seconds whether your company fits these criteria.
