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CDC Group Commits US $100 Million To African Development Partners III (‘ADP III’)
Group plc (“CDC”), the UK’s development finance institution and impact investor, has announced a US $100 million commitment to African Development Partners III, the Fund advised by Development Partners International LLP (DPI) – a leading pan-African private equity firm. CDC’s latest commitment supports ADP III fundraise as it closes at US $900 million, becoming one of the largest funds dedicated to investing in Africa.
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