THE FIRM :

Madagascar Development Partners Ltd (MDP) is a Seychelles registered frontier markets investment company whose main objective is to provide equity funding to new ventures and unquoted companies operating in the Western Indian Ocean region.

Associated investment vehicles include Madagascar Capital Development Partners SA (MCDP) in financial services, tech/blockchain and agribusiness, Madagascar Estates Development Partners SA (MEDP) in commercial infrastructure, Madagascar Mining Development Partners SA (MMDP) in mining and energy resources, and Madagascar Services Development Partners SA (MSDP) in B2C services.

MDP is the investment adviser to Indian Ocean Development Partners Ltd (IODP), a family office incorporated in the Seychelles and managed out of Dubai.

IODP focuses on investment opportunities in the islands (Madagascar, Comoros, Mauritius) and the Eastern Africa Rim countries (Kenya, Tanzania, Mozambique).

MDP is a member of the American Chamber of Commerce (AmCham) and the French-Madagascar Business Council (CCIFM) as well as the Africa Venture Capital Association (AVCA), the Global Private Capital Association (GPCA – formerly Emerging Markets Private Equity Association) and the Association Malagasy des Investisseurs en Capital (AMIC).

Its bankers are Bank of Africa (BOA) and AfrAsia Bank and its auditors are Auditeurs Associés and Forvis Mazars Group.