DPI fund in line for $20m investment from Canadian LP
Development finance institution FinDev Canada has disclosed it is considering a $20 million investment in the African Development Partners III fund, managed by private equity firm Development Partners International.
The fund will provide growth capital to support the expansion of private companies across Africa. According to FinDev Canada, the fund has strong potential to provide positive environmental impact, local market development and contribute to women's economic empowerment to the investee companies
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