Actis Raises US$278 Million for Real Estate in Africa (Sub-Saharan Africa)

Source: Actis

Global emerging markets investor Actis has confirmed the final close of its second Africa-focused real estate fund, Actis Africa Real Estate 2, with total commitments of US$278 million. The fund will focus on retail and office developments in East Africa, West Africa and Southern Africa, excluding South Africa. Actis’s portfolio for the fund currently includes developments in Kenya, Ghana, Nigeria and Zambia.