Development Partners International (DPI)
Marc Stoneham is a seasoned professional with extensive experience in supporting and growing portfolio companies across Africa, currently serving as a Partner and Principal at Development Partners International since February 2015. Stoneham holds several directorships, including positions at Pan African Towers, Groupe COFINA, Compagnie Marocaine de Goutte à goutte et de Pompage, and Food Concepts PLC, where roles include chairing various committees. Previous experience includes a Senior Engagement Manager role at McKinsey & Company, focusing on strategy and operational improvements for clients in emerging markets, and positions at Kingdom Zephyr Africa Management and Actis, where Stoneham honed skills in deal identification and acquisition processes. Educational qualifications include an MBA from INSEAD and a BA (Hons) in Modern History from Oxford University.
Development Partners International (DPI)
DPI is an Africa focused private investment firm with US$3.1 billion in assets under management and co-investments across three funds, targeting high growth, impact-driven, and innovation-led companies. DPI’s three funds, African Development Partners I, II and III (ADP I, II and III), are ranked in the top quartile for performance by Cambridge Associates. Since DPI was founded in 2007, its ADP funds have completed 28 investments in 25 companies across the continent and its portfolio companies employ over 60,000 staff, with over 25,000 jobs created during DPI’s investment. In 2020, ADP III became the first 2X Flagship Fund, as part of the global 2X Challenge, committing to integrating a gender lens into its investment process, and reflecting DPI’s long-standing commitment to gender equity. DPI has a female co-founder and CEO, one-third of the partners are women, and 50% of the firm are women. As a signatory to the UN Principles for Responsible Investment (PRI) and the Operating Principles for Impact Management, DPI promotes high ESG and Impact standards and seeks to contribute to the UN Sustainable Development Goals. Since DPI’s founding in 2007, its funds have made 31 investments across 43 African countries and 17 industries. More than 60,000 jobs are provided through ADP II and ADP III investments making the portfolio one of the most important private sector employers on the continent.