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DPI

Updated
  • Focus on African businesses
  • Target consumer-driven sectors
  • Seek attractive exit opportunities
DPI homepage
Author DPI. Screenshot of DPI website.
[Accessed July 27, 2023]

About DPI

Established in 2007 by Miles Morland and Runa Alam DPI had the goal of investing in African businesses with high potential for growth, intending to generate both financial returns and positive developmental impact across the continent.

DPI's emphasis on creating a strong team, cultivating positive values and culture, and implementing effective processes and institutional structures, in addition to formulating an appropriate investment strategy, resulted in the raising of top-performing commercial funds totalling $2 billion in assets under management. The DPI team boasts over 150 years of collective experience in private equity investment within Africa.

DPI's impactful investments and innovations in Africa

DPI has made investments in various African businesses, such as Q-venture, Food Concepts, and Dolidol. They’ve also created a management system called DPIMS, which incorporates impact work into their investment procedures using the United Nations' Sustainable Development Goals categoriSation.

In 2020, DPI began using DPIMS, enhancing creativity in their impact work. Additionally, they were selected by OECD as the first 2x Challenge Flagship fund. In 2021, DPI made its inaugural investment by taking into account impact considerations.

DPI's diverse team of over 40 professionals driving African investments

DPI has a diverse team of more than 40 professionals who have invested in Africa for over a decade, reflecting the diversity of the continent and sharing its growth ambitions.

  • The team is made up of partners, including:
  • Miles Morland: Co-founding partner and chairman
  • Runa Alam: Co-founding partner and CEO
  • Eduardo Gutierrez-Garcia: Partner
  • Sofiane Lahmar: Partner
  • Rose Fletcher: CFO and partner
  • Babacar Ka: Partner
  • Takudzwa Mutasa: Partner
  • Marc Stoneham: Partner
  • Jade Del Lero Moreau: Partner
  • Joanne Yoo: Partner
  • Jean-Philippe Syed: Partner

DPI Services

Development Partners International (DPI) invests in high-growth companies across Africa while driving positive, long-lasting social, environmental, and economic impact across the continent.

DPI believes that innovation-led companies and digitalisation are key to African economic development. The company targets pan-African companies that benefit from Africa's rapid urbanization, favourable demographics, and increasing adoption of technology.

DPI's investment strategy for African companies

DPI's investment strategy involves investing in profitable or cash flow-positive companies that are poised for growth, targeting industries that benefit from the growth of the African consumer, and creating a diversified portfolio of scalable high-growth businesses.

DPI uses digitisation to help its portfolio companies access the mass market, going to lower-income groups, and increasing efficiency. From the outset, DPI targets companies with attractive exit opportunities and works toward the right exit from day one.

DPI's focus on high-growth sectors in Africa

DPI focuses on high-growth sectors essential to the economic and social development of Africa, including formalising sectors and industries such as financial services, healthcare, and education.

DPI's team, which has deep industry knowledge and extensive local networks and language capabilities, combines global expertise with a local boutique approach to working with companies on the ground to source and execute transactions across the continent.

DPI's diverse team, impact investing, and recognition by OECD

DPI boasts a diverse team of more than 40 professionals, representing the diversity of the African continent and sharing its growth aspirations. The team is comprised of partners, including co-founders Miles Morland, who serves as chairman, and Runa Alam, who is the CEO, as well as other partners with diverse backgrounds and areas of expertise.

DPI has created a management system, DPIMS, which incorporates impact and environmental, social, and governance (ESG) factors into its decision-making. Additionally, DPI was selected as the first 2x Challenge Flagship fund by the OECD development finance institutions, and in 2021, it made its first investment that incorporated impact considerations from the inception of the investment process.

DPI – Venture Capital

  • Loan Type Venture Capital

Benefits of DPI

  • Established track record: Over 15 years of successful capital deployment in Africa.
  • $2 billion in assets: Raised commercial funds totaling $2 billion in assets under management.
  • Experienced team: A team with over 150 years of collective private equity experience in Africa.
  • Impactful investments: Focus on African businesses like Q-venture, Food Concepts, and Dolidol.
  • DPIMS management system: Incorporates impact work and aligns with the United Nations' Sustainable Development Goals.
  • Recognition by OECD: Selected as the first 2x Challenge Flagship fund by OECD.
  • Inclusive and diverse team: A diverse team of over 40 professionals committed to African growth.
  • Innovation and digitalisation: Prioritises innovation-led and digitalised companies for economic development.
  • Investment strategy: Targets profitable, high-growth companies in consumer-driven sectors.
  • ESG integration: Incorporates environmental, social, and governance factors into decision-making.

DPI's equality and diversity policy in recruitment and selection

DPI has implemented an Equality and Diversity Policy with the goal of prohibiting discrimination against any potential job candidate, employee, or worker.

The policy is disseminated to all members of staff and recruitment agencies and pertains to all areas of employment. DPI strives to maintain a neutral work environment where no individual should feel threatened or harassed, and the policy is enforced in all conduct that may affect DPI's reputation, both within and outside the workplace.

DPI's commitment to equality, diversity, and inclusion

DPI places great importance on diversity and upholds the rights of individuals with both visible and invisible differences. The company is committed to fostering a work environment that upholds the principles of dignity, equality, and respect for everyone. DPI has a zero-tolerance policy towards any form of unlawful or unjust discrimination, harassment, or victimisation, and ensures that every member of staff is entitled to a safe and respectful working environment.

DPI's diversity and non-discriminatory recruitment approach

DPI endeavours to promote diversity by ensuring that various experiences, perspectives, skills, genders, ages, ethnicities, and cultural and social backgrounds are represented throughout the company, reflecting the investors it serves, the portfolio companies it partners with, and the communities in which it operates.

The hiring process plays a crucial role in DPI's equal opportunities policy, and the company takes a non-discriminatory approach to advertising job vacancies, encouraging agencies to introduce a balanced mix of candidates that reflects the diverse nature of its business. All job applicants are evaluated fairly and based solely on their ability to perform the job, and the selection criteria are periodically reviewed to ensure that they are relevant to the job requirements and do not involve any discrimination.

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