Impact Report 2023
Our 2023 Impact Report explores how DPI has been delivering on our mission to deliver both strong returns to our investors and drive positive long-lasting social, environmental, and economic impact across Africa. The report highlights DPI’s key impact milestones and the action it is taking to support our portfolio companies with the capital, technical assistance and management partnership to create new impact opportunities, align with international best practice, and expand the accessibility and reach of their services.
Message from our CEO
DPI has always looked beyond financial indicators and considered how we could have positive impact on the continent. Our primary mission is to deliver strong returns to our investors while driving positive, long-lasting social, environmental, and economic impact across Africa. We have been investing in the continent for the last 15 years, by connecting global capital to excellent businesses and delivering on the ground impact within our portfolio companies and in the communities they serve.
We believe that we are in the right place to make a material and lasting impact in an underserved and underfinanced market. Our investment strategy is to build a diversified portfolio of scalable high-growth businesses, which serve Africa’s growing middle class and mass market, while integrating practices which drive sustainable development of each business. We have established and maintained strong partnerships with our portfolio companies to ensure that impact and ESG are core pillars in their day-to-day operations and part of the culture of the companies, and that they continue to create impact within their workforce and customers even beyond our holding period.
We at DPI learnt to generate competitive returns while delivering impact and ESG results. This was asked of us by our LPs since our firm started. It is in our DNA to seek to do this, and our teams are trained in combining both types of returns. We are strengthened in our commitment to Africa by working in this manner.
Runa Alam
Co-founding Partner and Chief Executive OfficerNo consideration of sustainability adverse impacts
Development Partners International LLP (DPI) publishes information on whether it considers the “adverse impacts of investment decisions on sustainability factors” under the SFDR. As defined under and in accordance with the SFDR, DPI does not currently consider the adverse impacts of investment decisions on sustainability factors in connection with all its products and services, solely because the final regulatory technical standards which set out the scope of “principal adverse impacts” and the corresponding mandatory reporting template have not yet been adopted by European legislators. DPI will review its position following publication of the final regulatory technical standards and will model the information required under the SFDR against the extensive information that it currently collects on “principal adverse impacts” and consider the practicality of providing to investors the information required under the SFDR.