Anil Dua
Partner
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- Full Name
- Anil Dua
- Title
- Co-Founder & Partner
- Firm
- Gateway Partners
- Firm Type
- Private Equity & Private Credit manager (growth-markets/emerging-markets) — note: the source stub labeled him an "Angel Investor," but verified sources show his primary role is as a co-founder and partner of an institutional PE/credit firm, not an angel
- Investment Stage
- Growth equity and private credit (not seed-stage, per verified sources)
- Target Company Profile
- Established, growth-stage companies in dynamic emerging markets — trade finance, financial inclusion, telecoms/digital infrastructure, agricultural commodities and real estate
- Sector Focus
- Financial services / financial inclusion, telecommunications & technology infrastructure, energy/power, logistics and trade
- Geographic Focus
- 30+ emerging markets across Africa (deep focus), the Middle East, South Asia and Southeast Asia
- Location
- Dubai, UAE (Gateway operates from Singapore and Dubai)
Background
Anil Dua is one of the four founders of Gateway Partners, a private equity and private credit manager established in 2014 to invest across dynamic growth markets in Africa, the Middle East, South Asia and Southeast Asia. He is a seasoned finance professional with close to five decades of experience and particularly deep relationships across Africa. At Gateway he sits alongside co-founder V. Shankar (Group CEO), the former Standard Chartered Plc board member and CEO for Europe, Middle East, Africa and Americas.
Before Gateway, Anil spent over 35 years at Standard Chartered Bank, based across Africa, Asia, the USA and Europe. His senior leadership roles there included Chief Executive Officer for West Africa, Regional Head of Origination and Client Coverage for Africa, and Global Head of Project & Structured (Export) Finance. His career spanned portfolio and risk management, structured trade finance, and both wholesale and retail banking — a background that maps directly onto Gateway's emphasis on trade, credit and growth capital in frontier and emerging markets.
Anil holds a Master's degree in Economics from the Delhi School of Economics. He is an active non-executive director, and over his career has served on the boards of Cassava Technologies (the pan-African technology group), African Export-Import Bank (Afreximbank, since 2010), First Bank of Nigeria, Liquid Intelligent Technologies, Network International, Forte Oil plc (from 2015), and — until a 2025 ownership change — Geregu Power Plc in Nigeria.
Gateway Partners is registered in the Cayman Islands, with its management companies regulated by the MAS in Singapore and the DFSA in the Dubai International Financial Centre. In recent years Japan's SBI Holdings acquired an equity stake in the firm, reflecting its institutional footprint.
Investment Thesis & Focus
- Invests as an institutional private equity / private credit manager, not as a seed-stage angel — Gateway describes itself as "investing responsibly in 30+ emerging markets across Southeast Asia, South Asia, Middle East and Africa," combining "global reach with local impact to build resilient investment portfolios."
- Growth equity through Gateway Fund I, L.P. and its successor Gateway Fund II, L.P.
- Private credit through the Africa Credit Opportunities Fund (ACOF), a joint venture with Afreximbank's Fund for Export Development in Africa (FEDA).
- Sector conviction in trade, financial inclusion, telecom/digital infrastructure, energy/power, logistics and agricultural commodities — sectors where Anil's Standard Chartered trade-finance and Africa network add value.
- Says "yes" where there is a strong emerging-markets growth story plus resilient fundamentals; leans on decades of multi-cycle emerging-markets experience and deep local relationships rather than early-stage bets.
Notable Investments
- Cassava Technologies — pan-African digital-infrastructure and technology group (Gateway is an existing shareholder alongside Econet Group, British International Investment, PIC, Royal Bafokeng Holdings and FEDA); Anil has served on its board.
- Watu Credit (Uganda) — asset/financial-inclusion lender; the Africa Credit Opportunities Fund provided US$15M in funding for financial inclusion (January 2024).
- Usangu Logistics — loan/credit investment via ACOF (September 2024).
- Gateway Real Estate Africa Limited (GREA) & African Property Development Managers (APDM) — real-estate interests acquired July 2023.
- Geregu Power Plc (Nigeria) — Anil served as a non-executive director until the late-2025 ownership change (Femi Otedola divested his controlling stake).
- Board/portfolio-linked exposure across Liquid Intelligent Technologies, First Bank of Nigeria, Network International and Afreximbank.
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