Dpi Steps Into Venture Capital With Launch Of New Platform And Takeover Of Nclude Fund

Development Partners International DPI , the London-based private equity PE firm known for its focus on high-growth, impact-driven investments across Africa, has officially entered the venture capital space with the launch of DPI Venture Capital .

Through its new venture capital platform, the PE firm will provide investors access to early-stage, technology-led businesses across the continent.

As part of the launch, DPI has taken over investment advisory control of Nclude , a USD 105 M Cairo-based fintech fund established in 2022.

Nclude, backed by Egypt's largest national banks, including Banque Misr, National Bank of Egypt, and Banque du Caire, with other notable financial services limited partners LPs such as e-Finance Investment Group, EBC, and Mastercard, has quickly become one of the region's most influential fintech investment engines investing in innovative fintech businesses in Egypt all the way from Seed funding to Series C.

Now, it becomes a core part of DPI's broader ambition to help scale impact-driven tech startups that help foster financial inclusion across emerging markets.