Axian, a diversified group operating in multiple industries, has invested in the African Development Partners III fund, managed by Development Partners International (DPI).

Established in Madagascar 150 years ago, Axian is present in five industries, namely energy, real estate, telecoms, financial services and innovation.

With over $1.6 billion in assets under management, DPI invests in businesses, across the continent, positioned to benefit from the fast-growing emerging middle...