Actis’ Sadio Wade to Explore Regional Investment Prospects at MSGBC 2024
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London-based private equity firm Actis is spearheading the growth of Africa’s energy sector through investments in large-scale projects, modernization of infrastructure, skills development and the strategic divestment of advanced infrastructure assets. Last March, the company signed a $355 million agreement to acquire telecommunications firm Swiftnet from South Africa’s state-owned Telkom, enabling the rollout of a 5G network across the country.
To emphasize Actis’ dedication to expanding Africa’s energy industry, Sadio Wade, Principal of Energy Infrastructure at Actis, will speak at the upcoming MSGBC Oil, Gas & Power 2024 conference, taking place in Dakar this December. Wade will discuss Actis’ contributions to the stability and efficiency of Africa’s energy value chain while connecting investors, service companies and entrepreneurs to projects shaping the future of the region’s power and infrastructure sectors.
Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region’s oil, gas and power sector. Visit www.msgbcoilgasandpower.com to secure your participation at the MSGBC Oil, Gas & Power 2024 conference. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.
Actis has shaped the growth of African economies and promoted job creation through its investments in renewable projects deployment. The firm has invested in over 624 MW of wind energy projects in South Africa, a 252 MW wind facility in Egypt, a 159 MW wind farm in Senegal and multiple renewable projects in Ghana through independent power producer Lekela Power – prior to selling the firm in 2022.
These projects provide energy to over 3 million people across Africa, ensuring energy security and access. Additionally, Actis invested in the buildup of 400 MW of renewables in South Africa and Kenya through energy supplier BTE Renewables before selling the company to French companies Engie and Meridian in December 2023. As such, Wade is expected to highlight Actis’ investment strategy across Africa and the growing renewables and power industry in the MSGBC region.
“The MSGBC region’s expanding oil, gas and renewable energy sectors offer lucrative opportunities for global investors like Actis. Wade’s participation at MSGBC Oil, Gas and Power 2024 presents a chance for regional projects to secure financing and technical expertise to fast-track implementation and the region’s economic growth,” remarked Sandra Jeque, Event and Project Director at Energy Capital & Power.