Actis LLP, a London-based private equity firm focused on emerging markets, plans to finalize deals on six African power projects in 2021 as it looks to double its energy-related investments on the continent within the next five years.
The investments this year would total between $200 million to $300 million, Lisa Pinsley, head of Africa energy infrastructure at Actis, said in an interview. The firm is planning to double investments to $2 billion in countries including Nigeria, South Africa, Kenya, Egypt, Ivory Coast and Ghana, with a focus on wind, solar and gas energy resources, she said.
