
Development Partners International
2nd Floor, Jubilee House, 2 Jubilee Place, London, SW3 3TQ, United Kingdom
Overview
Development Partners International (“DPI”) is a leading Pan-African private equity firm, with strong local knowledge and an established track record of investing in Africa. DPI was established in 2007 by co-founders Miles Morland and Runa Alam, both pioneers of African investment, with a vision to build a leading pan-African private equity firm. Today, DPI manages over US$1.1bn of assets across two private equity funds. Through its world class team with over 100 years of aggregate African investment experience, DPI has invested in 19 portfolio companies operating across 27 countries. The investment team is 100% African and over 40% of the DPI team is made up of women. They possess the local network, knowledge and language skills to source and invest in transactions throughout the continent.
- Total investments
- 8
- Lead investments
- 3
- Investments · 12mo
- 2
- Active investors
- 5
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Lucky
Participated · Series B · Apr 2026
Lucky offers digital consumer lending and small, fast loans aimed at users underserved by traditional banks, leveraging technology-driven risk models. The company positions itself as a fintech platform focused on inclusive financial services across the region. It is headquartered in the Middle East. Following the $23M Series B, Lucky plans to grow its technology team and upgrade its risk-control systems. The company also intends to use the funds to expand into additional regional markets. The articles do not provide revenue, user, or other operating metrics.
- Moniepoint
Led · Series C · Oct 2025
Founded in 2015, Moniepoint (formerly TeamApt) offers a comprehensive financial platform that spans digital payments, business and personal banking, credit, cross-border payments, and business management software for micro, small, and medium-sized enterprises. Originally focused on building payment infrastructure for traditional banks, the company has broadened its suite to serve both merchants and individual consumers. Moniepoint supports more than 10 million active business and personal banking customers and processes over US$250 billion in annual digital payment transaction value. Recent product launches include MonieWorld, a remittance service for the African diaspora in the UK, and an integrated payment and bookkeeping tool aimed at simplifying MSME operations. The company generates revenue primarily from transaction fees, banking services, and credit products, though exact figures were not disclosed. With fresh capital in hand, Moniepoint plans to accelerate expansion across additional African markets and into select international geographies while continuing to roll out new financial solutions. The firm has already attracted a diverse base of global investors that include leading development finance institutions and fintech-focused VCs.
- Sylndr
Led · Equity · May 2025
Sylndr operates an integrated used-car marketplace and mobility platform in Egypt that combines direct buying and resale, digital auto loans, car servicing, and a dealer-to-consumer marketplace under a single mobile app. Its core products include Sylndr Swift (digital financing approvals in under 10 minutes, without lending on its own balance sheet), Sylndr Plus (inspections, maintenance, servicing), and Al-Ajans (third-party dealer listings with inspection and ownership-transfer support). The company has expanded from buying and refurbishing cars for resale to a multi-vertical business serving consumers and more than 1,000 dealers, with revenue now evenly split between direct-to-consumer sales and B2B dealer transactions. Sylndr declined to share absolute revenue or transaction volume, but said sales have increased nearly tenfold since 2022, revenue in Egyptian pounds rose 22x and by fivefold when adjusted to dollars; average sale price on the platform is $20,000–$25,000. Management expects financing and servicing verticals to contribute up to 60% of gross profit within two years and plans to deepen its presence in Egypt rather than expand abroad. Sylndr is a Cairo-based startup that acquires cars from individuals, refurbishes them and resells them with a seven-day money-back guarantee, warranty and plans for flexible financing. The company was founded in November 2021 by Omar El Defrawy and Amr Mazen and is currently pre-revenue and yet to launch publicly. Sylndr plans to open its seller listings first and begin selling to buyers in Q4 2022 or Q1 2023, with refurbishment occurring between those events. Management says it will pursue revenue from retail sales, auction houses, dealerships, B2B sales and potential ancillary streams such as interest from financing, insurance and roadside-assistance fees. The team is over 40 people and the founders plan to more than double headcount by year-end. Proceeds from the fundraise will be used to scale operations, technology infrastructure, grow inventory and build retail and non-retail customer channels.
- Nawy
Participated · Series A · May 2025
Nawy operates a property listings marketplace alongside brokerage tools (Nawy Partners) that more than 3,000 brokerages use and that attracts over one million monthly visitors. The company has expanded into embedded finance with a mortgage-style product called “Move Now Pay Later” and a fractional ownership product, Nawy Shares, which allows investments from as little as $500. These products diversify revenue and helped Nawy grow revenue more than 50x in dollar terms over the last four years despite currency volatility. Nawy reported profitability and closed 2024 with over $1.4 billion in gross merchandise value, up from $38 million in 2020. The company has also moved into property management via the acquisition and rebrand of ROA as “Nawy Unlocked.” With fresh capital it plans product development, AI integration, regional expansion across North Africa and the Middle East, and acquisitions of smaller companies. Nawy began in 2016 as an AI-driven property-listings platform and has expanded into brokerage services that support the closing of property deals. Last year the startup connected 40,000 buyers to sellers and operates a sales force of more than 200 people. It uses machine learning and other AI tools to pair clients with property, manage its sales team, and provide market insights to speed closings. The company plans to introduce a mortgage service for pre-owned properties to bridge a financing gap left by traditional lenders and intends to expand into rentals and property management to complete a full-suite offering. Nawy also plans to leverage its data to offer real estate advisory services, forge funding partnerships, and provide market insights. The founders initially injected $200,000; the company grew about 30% year-over-year until 2021, then accelerated 400% that year with gross merchandise value rising to $200 million from $40 million.
- MNT-Halan
Participated · Equity · Jul 2024
Founded in 2018 by Mounir Nakhla, MNT-Halan is a fintech and non-bank financial services platform that provides digital lending, payments, e-wallets, investments, and e-commerce services. The company operates across Egypt, Türkiye, Pakistan, and the UAE. MNT-Halan has disbursed more than $15.5 billion in loans and served over 8 million customers globally. It has achieved unicorn status with a reported valuation of $1.4 billion following the recent strategic investment. The proceeds from the current investment are intended to support expansion in Egypt and to fund regional growth. The company continues to grow its footprint through additional funding rounds, with the current round still ongoing after this first closing.