African Development Partners I

Ghana, Nigeria, Botswana, South Africa, Morocco Financial services, Infrastructure, Other consumer services, Manufacturing

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.

This is a pan-African mid-cap generalist fund.

This investment was made when British International Investment was named CDC Group. It was also was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts


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


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.

Financial services, Infrastructure, Manufacturing, Other consumer services
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 British International Investment committed capital to the business or project.

For funds, this is the date that British International Investment committed capital to the fund.

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

May 2008

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

For funds, this is the total amount that British International Investment has committed to the fund.


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


Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Letshego Holdings

Letshego is a regional consumer financial services provider in sub-Saharan Africa, providing unsecured loans to employees of government and quasi government organisations utilising a payroll deduction business model.

View investment details

Botswana Africa, Southern Africa Financial services May 2010 Active
Touax Africa SAS

Touax Africa is a business services group that specialises in modular construction, and is based in Morocco.

View investment details

Morocco Africa, North Africa Manufacturing June 2012 Active
Food Concepts Plc

Food Concepts is a leading Nigeria based food retailing company with holdings in the quick service restaurant sector.

View investment details

Nigeria Africa, West Africa Other consumer services December 2012 Active

We are now British International Investment