Emerging markets investor Actis has agreed its first deal in Cameroon, as private equity deal volume in sub-Saharan Africa reaches its highest level since the financial crisis. Financial news spoke to the firm about its decision to invest in the country.
Actis on Thursday announced an agreement to buy a majority stake in three power assets in Cameroon from with American energy giant AES for $220 million. The investment was made through the Actis Energy 3 fund.