Actis Africa Fund 1

Africa Communications and IT Services, Financial services, Food and agriculture, Others, Construction and real estate, Infrastructure, Manufacturing, Health, Other consumer services

Actis is a leading investor in growth markets across Africa, Asia and Latin America. Its three separate investment groups focus on energy and infrastructure; real estate; and general sectors, including consumer, education, financial services, healthcare, industrial, manufacturing, and retail.

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.

The London-based firm has offices across Africa, Asia and Latin America.

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
Countries

For funds, the countries listed here are those the fund has invested in so far.

:
Egypt, Ghana, Kenya, Mauritius, Mozambique, Nigeria, South Africa, Tanzania, Uganda
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.

:
Communications and IT Services, Construction and real estate, Financial services, Food and agriculture, Health, Infrastructure, Manufacturing, Other consumer services, Others
Website:
https://www.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

:
January 2003
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.

:
$423.05m
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
DFCU Limited

The Development Finance Company of Uganda (DFCU) is one of Uganda’s largest commercial banks. It focuses on business lending to underserved audiences, particularly to small and medium-sized enterprises (SMEs) and smallholders operating in the agricultural sector, and to women in business. DFCU operates over 67 branches and over 100 ATMs across the country

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Uganda Africa, East Africa Financial services March 1987 Active
Rwenzori Courts Ltd Uganda Africa, East Africa Construction and real estate September 1997 Active
Adesemi Communications International Inc Tanzania Africa, East Africa Communications and IT Services December 1998 Active
Prime Cure Clinic (Pty) Ltd South Africa Africa, Southern Africa Health December 2000 Active
Middle East Food and Trade Co SAE Egypt Africa, North Africa Food and agriculture December 2002 Active
Sedibelo Platmin Mines (formerly Platmin Ltd)

Canadian mineral exploration company that is focused on the exploration for, and working towards the development of, platinum group metal deposits in South Africa on the discovery and development of PGM deposits.

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South Africa Africa, Southern Africa Others December 2003 Active
Persianas Limited

The Persianas Group was founded in 1990 and is involved in the construction and management of real estate developments across Nigeria, particularly in the retail sector.

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Nigeria Africa, West Africa Construction and real estate June 2004 Active