African Development Partners III (ADP3)
ADP III is a proven efficient channel for us to create new jobs – which is crucial right now in developing countries, due to the Covid-19 pandemic. Supporting the development of larger companies is key for a functioning business ecosystem and a private sector growth, especially now in the light of the pandemic. ADP III exercises active ownership with a clear focus on ESG (Environmental, Social, Governance) and impact creation in areas such as women’s economic empowerment, growth of decent jobs, access to essential products and services and local economic development. a pan-African fund targeting established and growing consumer-focused companies. ADP III is expected to invest $40 – $120m in 8 – 14 different companies.