This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.
Key facts
- Status:
- Active
- Region
:
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Africa
- Sector
:
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.
- Construction and real estate
- Website:
- https://protect-eu.mimecast.com/s/b2vUCJqXYFqNBq4UVWMnKE?domain=act.is/
- Investment type
:
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Fund manager:
- Actis LLP
- Start date
:
For direct investments, this is the date CDC committed capital to the business or project.
For funds, this is the date that CDC committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- May 2011
- Amount
:
For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).
For funds, this is the total amount that CDC has committed to the fund.
- $125m
- Domicile
:
This is the investee company’s place of incorporation; or a fund’s jurisdiction.
- United Kingdom
Investments made by this fund
- Active
- Exited
| Investment name | Country | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
|
Laurus Development Partners Limited
Laurus Development Partners provides real estate development management services to both Actis and other real estate promoters and investors in West Africa. |
Ghana | Africa, West Africa | Construction and real estate | June 2011 | Active |
|
One Airport Square
Development of a 9 storey A-grade office tower, and ground floor retail in the growing office node of Airport City in Accra. The property is expected to be the first green-rated building in Ghana. |
Ghana | Africa, West Africa | Construction and real estate | June 2011 | Active |
|
Heritage Place
Heritage Place is a greenfield development of a 15 floor A-grade office tower in a prime location within the commercial zone of Ikoyi, Lagos. The building will offer international standard office space and services in a market characterised by the low quality of the existing office stock. |
Nigeria | Africa, West Africa | Construction and real estate | September 2011 | Active |
|
Garden City
Nairobi's Garden City is a $540 million phased project comprising one of the largest mixed-use real estate developments in Africa. With over 400 residential units, and 33,500 square metres of retail space spread across three floors, Garden City Mall officially opened its doors in September 2015. Investment firm Actis brought together a consortium of local and international experts to deliver the development. The firm is a leading investor in growth markets across Africa, Asia and Latin America. Actis was formed in 2004 following a restructuring of CDC designed to bring more equity capital into developing countries and the two organisations have a shared history. |
Kenya | Africa, East Africa | Construction and real estate | December 2011 | Active |
|
Jabi Lake Mall
Jabi Lake Mall is the development of a destination shopping mall on Jabi Lake, a waterfront site in Abuja. The project comprises 26,645m² net rentable area and is part of a wider mixed-use development. |
Nigeria | Africa, West Africa | Construction and real estate | November 2012 | Active |
|
The Exchange (formerly Project Sunrise)
The Exchange is developing a 70,000m² of mixed-use office, hotel, residential and retail precinct with 1,350 parking spaces on a 7 acre site in Accra. |
Ghana | Africa, West Africa | Construction and real estate | November 2012 | Active |
|
York Commercial Park
York Commercial Park is a 45ha land parcel acquired to create an A-grade logistics, warehousing and light industrial commercial park. |
Zambia | Africa, East Africa | Construction and real estate | September 2013 | Active |
|
BaÃa Mall (formerly RaceGame)
RaceGame is a project to develop an A-Grade shopping centre. The retail development will be on 6ha of land in an excellent location in Maputo, Mozambique. |
Mozambique | Africa, East Africa | Construction and real estate | May 2016 | Active |
