Tag Archive for 'CDC Group'

DPI private equity fund raises $400m

A leading African private equity house Development Partners International (DPI) has reached the first close of its second pan-African African Development Partners II (ADP II) fund at over $400 million.

Silk African Food Fund munches into Ethiopian biscuits

The Silk African Food private equity fund, run by UK regulated specialist asset manager Silk Invest Ltd, has acquired a significant minority equity stake in NAS Foods Ltd., a biscuit maker in Ethiopia.

New directions for giant CDC: targets poor with $3.1 bn

Giant UK development finance institution the CDC Group has announced a new business plan. Changes include direct investing rather than via funds, and focusing only on low and lower-middle income countries in sub-Saharan Africa and South Asia.