Focused markets
Ghana and Nigeria are not entries on a regional map. They are markets where our team brings relationships, judgement and execution capability.
Why DevCap
Capital built for the
missing middle.
We back established companies that matter to everyday life—and help them become stronger institutions.
The gap
Good businesses. Growth that doesn’t stick.
Across Ghana and Nigeria, promising businesses often stall before becoming strong, investable institutions.
They sit beyond microfinance but are not yet ready for traditional private equity. Capital alone cannot address weaknesses in financial systems, governance, leadership and operational capacity.
DevCap combines growth capital with institution building, helping locally rooted businesses become stronger, more resilient and ready for their next stage of capital.
What makes us different
Flexible structures
We design investments around business realities, cash flows and growth plans rather than applying one financing model.
Institution building
We strengthen governance, finance, strategy, operations and organisational capacity—not only the balance sheet.
Actuarial-informed risk discipline
We use scenario analysis, downside testing and forward-looking indicators to assess resilience, structure investments and monitor portfolio risk over time.
Our strategy