Actis looking to acquire stakes in companies in food, health, education

Private equity firm Actis is planning to acquire stakes in companies in banking, food industries, health and education, Partner Sherif El Kholy tells Al Shorouk. Investments in renewable energy and education will be financed by the firm’s USD 1.6 bn Actis 4 Fund which. The company also plans to launch a new investment fund in early 2018 for which will focus on African, Asian, and Latin American markets, according to El Kholy. He gives much of the credit for this growth in appetite to passing of the new Investment Act.