B
British International Investment (BII).
🇬🇧 United Kingdom · DFI
DFIGLOBALAfrican agribusiness + EU-MENA DFI partnerships
✓Verified description
UK DFI (formerly CDC Group). Committed £1.09B to African firms in 2024 (+40% YoY). February 2025: joined $85M Swedfund/Norfund investment in AgDevCo (supports 40 agri-SMEs across 11 countries). LP in Algebra Ventures II, Sawari Ventures, Endure Capital, Maghreb PEF IV.
Details.
| Type | DFI |
|---|---|
| Country | 🇬🇧 United Kingdom |
| City | London |
| Region | GLOBAL |
| Founded | 1948 |
| Fund size / AUM | £7.3B total portfolio |
| Focus area | African agribusiness + EU-MENA DFI partnerships |
| Sub-focus | Agribusiness, agri-SME finance via AgDevCo, African VC LP |
| Stages | Equity, Debt, Fund LP |
| Typical ticket | $5M - $100M |
| Geographic focus | Africa, South Asia |
| Parent organization | UK Government (FCDO) |
| Website | https://www.bii.co.uk |
Notable portfolio.
- AgDevCo
- Zambeef
- Algebra Ventures II (LP)
- Endure Capital (LP)
Verification sources.
- https://www.bii.co.uk/en/news-insight/news/bii-swedfund-and-norfund-invest-85-million-in-agdevco-to-support-agribusinesses-in-africa/
- https://www.bii.co.uk/en/our-impact/fund/sawari-ventures-north-africa-fund-i-cooperatief-u-a-investment-01/
- https://nairametrics.com/2025/07/08/british-international-investment-committed-over-1-09-billion-to-african-firms-in-2024-report/