Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Development Partners to Boost Africa Investments by $750 Million

Don't Miss Out —
Follow us on:

April 24 (Bloomberg) -- Development Partners International, a London-based private equity fund that invests in sub-Saharan Africa, plans to spend as much as $750 million on projects in the region over seven years, said Chief Executive Officer Runa Alam.

The fund is looking for investment opportunities in banking, insurance, oil and gas, telecommunications and pharmaceuticals, she said in an interview in Accra, Ghana’s capital, yesterday, on the sidelines of a forum on venture capital in Africa. DPI is interested in “a whole spectrum of products and services demanded by Africa’s developing middle class,” Alam said.

The company has invested $400 million in the past four years in nine companies across Africa, including Kenya, Nigeria and Ghana, she said.

To contact the reporter on this story: Ekow Dontoh in Accra at

To contact the editor responsible for this story: Emily Bowers at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.