African Development Partners II (ADP II), a fund advised by private equity firm Development Partners International (DPI), and fund manager AfricInvest have announced the completion of Compagnie Marocaine de Goutte à Goutte et de Pompage’s (CMGP) landmark merger with Comptoir Agricole du Souss (CAS), creating a new champion in Moroccan and African agriculture, which will be known as CMGP-CAS.

The merger brings AfricInvest into the partnership alongside ADP II through an investment ta...