Development Partners International (DPI)

Development Partners International (DPI) was delighted to host our 16th Annual Investor Meeting (AIM) in London last week. We were honoured to welcome our LPs for a productive session that showcased both our team and the dynamic leadership within our portfolio companies, who are driving growth in more than 40 countries across Africa and the rest of the world. The Annual Investor Meeting and CEO Conference provided an opportunity to celebrate this success, and key highlights from the entire DPI team. Bringing our investors together with our portfolio companies is always a privilege, and we are committed to fulfilling our vision of being the premier investment firm in our markets.

Development Partners International (DPI) welcomed leaders from our portfolio to DPI’s 9th annual CEO and Leadership conference. The day was filled with engaging discussions and showcased milestones, success stories and learnings across companies ranging from operational excellence, M&A, regional expansion, digital transformation, and impact/ESG.    We also heard from Charlie Robertson Chief Macro-economist at FIM Partners on trends and scenarios for 2024, and Veda Sunassee from The African Leadership University. On top of that, we heard from industry experts such as Tamim Saleh at QuantumBlack, AI by McKinsey on applying advanced analytics and Generative AI, and from Acha Leke and Jalil Bensouda from McKinsey & Company.   Bringing our management teams together is always a source of great inspiration and pride, and we thank them for the incredible work they do every day.

Development Partners International (DPI) is pleased to announce its latest successful exit with the sale of IFS International Facilities Services to ES-KO and Phatisa. This sale represents DPI's second major exit of this year, following its exit from KELIX bio in March. DPI invested in IFS in 2019 and since then has worked closely with the company’s management team to navigate the complexities of operating at scale in Africa and drive further international growth. Together with management, DPI leveraged its experience of building successful regional champions and IFS now services more than 40 remote sites across six African countries including Mozambique, DRC and Zambia, and employs nearly 4,000 people. Read more about the exit and IFS's growth to date here: https://lnkd.in/eQ9B6gcT

This week, Development Partners International (DPI)'s CEO and Co-Founder Runa Alam attended the Milken Institute’s Global Conference in Los Angeles.   Runa spoke on a panel which focused on the important opportunity presented by digital transformation and how it can close the global growth gap. She also joined Romaine Bostick, CFA on Bloomberg TV to discuss DPI’s alignment with the Milken Institute’s focus on inclusive growth and how private capital can drive impact and transformation, especially in Africa – the world’s fastest growing continent.   Watch the recording of Runa’s panel here: https://lnkd.in/dN5QZTSS   And watch the recording of Runa’s Bloomberg TV interview here: https://lnkd.in/eFZY_uCJ (1:27:00)

DPI Partner, Sofiane Lahmar spoke to Obey Martin Manayiti at PE Hub for their series "Inside the Exit" to discuss Development Partners International (DPI)'s successful exit from KELIX Bio.   They discussed the genesis of the platform, the buy-and-build strategy which drove more than 20% CAGR since KELIX bio's founding, and the business' crucial role expanding the availability of specialty generic drugs across Africa and other emerging markets.   Read the full article on PE Hub here: https://lnkd.in/eXZW_UP8

Development Partners International (DPI) is pleased to announce its latest successful exit, with the sale of KELIX bio to Mubadala. The transaction is set to be one of the largest private equity exits and M&A deals in the pharmaceutical sector in Africa over the last twenty years.   DPI, alongside co-investors British International Investment and EBRD, created KELIX bio in 2020. Since then, KELIX has grown to four manufacturing sites in Morocco, Egypt, India, and Malta with an export footprint that expands access to critical medicines in over 50 countries across Africa, Latin America, Southeast Asia and the Middle East.   Global Development Finance Institutions Proparco, DEG, and FMO - Dutch entrepreneurial development bank also backed the platform, enabling KELIX to invest in new acquisitions, cross-market distribution channels and the development of new drugs.   Read more about the exit and KELIX bio's growth to date here: https://lnkd.in/e3xWhdvd

Development Partners International (DPI) is pleased to announce its latest successful exit, with the sale of KELIX bio to Mubadala. The transaction is set to be one of the largest private equity exits and M&A deals in the pharmaceutical sector in Africa over the last twenty years.   DPI, alongside co-investors British International Investment and EBRD, created KELIX bio in 2020. Since then, KELIX has grown to four manufacturing sites in Morocco, Egypt, India, and Malta with an export footprint that expands access to critical medicines in over 50 countries across Africa, Latin America, Southeast Asia and the Middle East.   Global Development Finance Institutions Proparco, DEG, and FMO - Dutch entrepreneurial development bank also backed the platform, enabling KELIX to invest in new acquisitions, cross-market distribution channels and the development of new drugs.   Read more about the exit and KELIX bio's growth to date here: https://lnkd.in/e3xWhdvd

MiDA Advisors , The AVCA - The African Private Capital Association (AVCA), and Development Partners International (DPI) are pleased to invite you to participate in the Investing in Africa Institutional Investor Roundtable Discussions on March 19th (San Francisco) and March 20th (Los Angeles). Session Description: Industry leaders will discuss the importance of investing in Africa, emphasizing its potential as a burgeoning economic frontier and its crucial role in fostering global prosperity. Through collaborative dialogue, panelists will explore strategies to harness Africa's abundant resources and innovative potential to drive sustainable development and inclusive growth across the Continent. We will feature leading institutional investors in both sessions. Please register here: https://lnkd.in/eTAvNh4i

At DPI, every day is women’s day. In celebration of #IWD2024, we acknowledge our female leaders and colleagues at DPI, our portfolio companies, the markets we serve, and across our ecosystems. We are proud of our commitment to gender since the founding of the firm. Over the history of DPI, we have been rooted in the belief that this leads to impact and returns.

Development Partners International (DPI) is delighted to announce outstanding results in our annual Principles for Responsible Investment Assessment.   In testament to our longstanding commitment to investing responsibly and the hard work of our impact and ESG leaders Vincent Lecat, Maria Pungs, and Imen Jarrahi as well as our CEO Runa Alam, DPI has well exceeded PRI’s benchmark.    DPI received scores of 87% in Policy, Governance and Strategy, 99% in Direct – Private Equity and 100% in Confidence Building Measures.   DPI is honoured to support the PRI’s initiative and take part in the largest global reporting project on responsible investment.    You can read the full details of our assessment on our website here: https://lnkd.in/eZgpUZwp