Development Partners International III

Africa

Region

398.8

Commitment (MNOK)

Active

Status

ADP III is an investment fund targeting large and mid-sized companies in Africa. Norfund committed to ADP in 2019.

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Key information

Sector:
SME Funds
Commitment (MNOK):
398.8
Year:
2019
Region:
Africa
Country:
Regional
Domicile:
Guam
Instrument:
Funds
Status:
Active
Mandate:
Development

Development Partners International III investments

Investee Sector Country
KazyonEgypt
MarcyrlEgypt
MNT-HalanEgypt
Optasia (formerly Channel VAS)Other
SolevoOther
Ukheshe International LimitedOther
Kelix BioOther
ConfinaSenegal
SicamTunisia

Additionality for Development Partners International III

This investment is particularly additional on the following ambitions:

  • Investing in the most capital constrained markets
  • Investing in the riskiest markets
  • Investing in high risk instruments
  • Mobilising private investors
  • Improving social and environmental standards