Development Partners International

Development Partners International (DPI) is a prominent Pan-African private equity firm headquartered in London, United Kingdom. Established in 2007 by co-founders Miles Morland and Runa Alam, DPI focuses on leveraging strong local knowledge and expertise to invest in the African market. The firm has successfully built a diverse portfolio, managing over US$1.1 billion in assets across various sectors, including telecommunications, financial services, healthcare, agriculture, mining, and renewable energy. DPI's investment team, comprised entirely of African professionals, brings more than 100 years of collective experience in African investment, with a notable emphasis on gender diversity—over 40% of the team are women. This unique combination of local networks, language skills, and sector expertise enables DPI to effectively source and execute investment opportunities throughout the continent.

Bryce, Andrea

Operations Director

Rose Fletcher

CFO and Partner

James Griffiths

Partner

Miles Morland

Co-Founding Partner and Chairman

Takudzwa Mutasa

Partner

Adefolarin Ogunsanya

Partner

Marc Stoneham

Partner

Jean-Philippe Syed

Partner

Jade Del Lero Moreau

Partner

Past deals in Ghana

CAL Bank

Private Equity Round in 2012
CAL Bank Limited is a financial institution based in Ghana that offers a comprehensive range of banking services to large corporations, small and medium-sized enterprises, public sector institutions, and retail customers. The bank operates through five key segments: Corporate Banking, Retail & Business Banking, Treasury, Brokerage, and Asset Management. It provides personal banking solutions, including savings and current accounts, as well as various corporate finance options such as project finance and financial advisory services. Additionally, CAL Bank offers general and life insurance products, finance solutions for specific sectors, and a variety of loan options, including auto and home mortgages. The bank also delivers corporate and institutional banking services, including business financing and transactional banking, alongside a network of 28 branches and approximately 100 ATMs across Ghana. Founded in 1990 and headquartered in Accra, CAL Bank is committed to serving the diverse financial needs of its clients.

Letshego Holdings

Venture Round in 2010
Letshego Holdings is a regional financial services provider in Africa, specializing in consumer lending. The company offers short to medium-term secured and unsecured loans primarily to employees in the public, quasi-public, and private sectors. It serves various customer segments, including small and micro-entrepreneurs, salaried employees, and civil servants. Operating across multiple African countries, including Botswana, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Swaziland, Tanzania, and Uganda, Letshego aims to meet the diverse financial needs of its clients while promoting financial inclusion in the region. The company considers its banking and other financial services as a unified operating segment, focusing on delivering accessible credit solutions to enhance economic empowerment.
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