Development Partners International exits from Atlantic Business International, a leading financial services provider in West Africa

London, 24 December 2025 – Development Partners International LLP (“DPI”), a leading investment firm focused on Africa, today announces that ADP II Holding 7 L.P (“ADP II”) – one of the investment vehicles of African Development Partners II, DPI’s second flagship fund – sold its 20.17% stake in Atlantic Business International (“ABI”) to Banque Centrale Populaire Group (“BCP”). Following this sale, BCP now owns 100% of ABI’s share capital.

The transaction, valued at over USD200 million, represents a valuation for ABI above USD1 billion. It ranks among the largest private equity exits in Africa this year and marks DPI’s full exit from its investment in the company.

Established in 1978, ABI is a leading financial services provider in West Africa and Central Africa, serving over 850,000 customers across eight countries. ADP II made its investment in ABI in 2017.

Together with ABI’s management team, DPI leveraged its experience of building successful regional champions and helped support ABI’s sustainable growth and positive social impact. ABI now operates through ten banks and four insurance companies in Côte d’Ivoire, Senegal, Burkina Faso, Benin, Togo, Guinea-Bissau, Mali, Republic of Guinea and Niger. DPI also supported ABI’s commitment to promoting financial opportunities and growth for local communities while enabling investment for small businesses.

Babacar Ka, Partner at DPI said: “We are pleased to have sold our stake in Atlantic Business International to Banque Centrale Populaire. We have worked closely with ABI’s management team and fellow shareholders at BCP to strengthen and grow the business into one of the leading banking groups in the UEMOA region. We wish the company continued success as it enters its next phase of growth.”

ENDS

About DPI

Development Partners International (DPI) is a premier, multi-strategy investment firm that drives growth, value and positive impact in Africa while delivering top quartile returns. Founded in 2007, DPI has more than US$3 billion in assets under management and co-investments across three flagship funds, African Development Partners I, II and III.

In 2025, DPI launched DPI Venture Capital with the acquisition of the $105 million Nclude fund, Egypt’s first fintech innovation engine. DPI Venture Capital is dedicated to unlocking innovation in Africa and supporting entrepreneurs to solve meaningful challenges across the continent.

Media Contacts

DPI
Edelman Smithfield
Alex Simmons, Joe Carton, Alfie Tisdall
E: dpi@edelman.com