DP World and CDC Group to form a $700m joint venture.

DP World, a supply chain solutions provider, and CDC Group, a private equity firm, agreed to form a $700m joint venture. “DP World views Africa as a long-term growth market and the opportunity landscape remains significant. This partnership with CDC offers us greater flexibility to accelerate and capitalise on these opportunities, and will enable us to increase our investment in ports and logistics infrastructure across Africa. The partnership will create transformational opportunities for millions of people over the next decade," Sultan Ahmed Bin Sulayem, DP World Chairman and CEO.