DPI, a premier investment firm focused on Africa, has invested €60 million for a minority stake in the high growth financial services business, Groupe COFINA. Groupe COFINA provides innovative solutions to bridge the gap between microfinance and traditional financing to help SMEs across West and Central Africa  grow their businesses. The investment from DPI will support Groupe Cofina as it aims to secure its position as a regional leader and continue its expansion into new countries with similar demand in SME and consumer finance markets.

The ASAFO & CO. team in Casablanca advising DPI was led by partner Patrick Larrivé who was assisted by associates Vincent Vallez, Martin Van Box Som and Meryem Menra.