DPI Venture Capital Launches with Nclude Fund Advisory Takeover

Development Partners International (DPI) has announced the launch of DPI Venture Capital, a new arm focusing on early-stage, growth-oriented technology businesses across Africa. As part of this launch, DPI has taken over advisory responsibilities for the Nclude Fund, a major fintech-focused venture capital fund in Egypt with $105 million under management. This strategic move coincides with DPI's broader ambition to support technology-driven companies, enhancing access to various services amidst Africa's burgeoning middle class and digitization trend. DPI, now serving as the Nclude Fund advisor, intends to leverage its expertise to foster financial inclusion and bolster the fintech ecosystem in Egypt. The Nclude Fund, operational since March 2022, is backed by significant institutions including Egypt's largest national banks and global entities like Mastercard. With DPI's new venture capital initiative, the firm seeks to extend its successful track record of impactful investments across nearly forty-three African countries, under the leadership of Managing Partner Ashley Lewis and a skilled team of industry professionals positioned in Cairo.