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Tuesday, 28 February 2017

DPI becomes a signatory of UNPRI

Development Partners International (DPI), the African private equity specialist, has signed onto the United Nations Principles for Responsible Investment (UNPRI), the firm said in an emailed statement yesterday. “The UNPRI association works to understand the investment implications of environmental, social and governance factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions.” DPI says this “reflects the firm’s continued dedication to responsible investing and its drive to support its portfolio companies in making a positive, long-lasting impact on the organisation, societies and economies they operate in.” DPI is a USD 1.1 bn Africa-focused private equity firm; it acquired one third of Egyptian electronics retailer B-Tech’s in July 2016 for USD 35 mn.

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