Neoma Africa Fund

Nigeria, Kenya, Senegal, Ethiopia, Ghana, Cote d'Ivoire, South Africa Others, Manufacturing, Financial services, Food and agriculture, Business services, Construction and real estate, Communications and IT Services, Other consumer services

Actis is a leading investor in growth markets across Africa, Asia and Latin America. Its three separate investment groups focus on energy and infrastructure; real estate; and general sectors, including consumer, education, financial services, healthcare, industrial, manufacturing, and retail.

Actis was formed in 2004 following a restructuring of CDC designed to bring more equity capital into developing countries and the two organisations have a shared history.

The London-based firm has offices across Africa, Asia and Latin America.

This is a pan-African mid-cap fund.

This investment was made when British International Investment was named CDC Group. It was also was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts


Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.


We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.

Business services, Communications and IT Services, Construction and real estate, Financial services, Food and agriculture, Manufacturing, Other consumer services, Others
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

Intermediated investment
Fund manager:
Actis LLP
Start date

For direct investments, this is the date British International Investment committed capital to the business or project.

For funds, this is the date that British International Investment committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

September 2008

For direct investments, this is the total amount that British International Investment has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that British International Investment has committed to the fund.


This is the investee company’s place of incorporation; or a fund’s jurisdiction.


Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Regimanuel Gray Ltd

Regimanuel is a real estate developer incorporated in Ghana with a subsidiary in Sierra Leone. It has expertise in turnkey project development including road works and electrical distribution networks.

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Ghana Africa, West Africa Construction and real estate July 2008 Active
Custodian and Allied Insurance Plc

Custodian and Allied Insurance provide and market general insurance, special risk services and products to individuals and to corporate clients.

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Nigeria Africa, West Africa Financial services August 2008 Active
Computer Warehouse

Computer Warehouse Group adds value to businesses through ICT infrastructure & services. It has three separate divisions: Hardware & Enterprise Systems, Software Development and Networks Integration & Communications.

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Nigeria Africa, West Africa Manufacturing August 2009 Active
Athi River Steel Plant Ltd

Athi River Steel Plant uses scrap metal to produce of hot rolled steel products such as building steel, structural steel, bolts and nuts. The company is located in Mavoko Township in Athi River area and commenced operation in 1998.

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Kenya Africa, East Africa Manufacturing May 2010 Active
Africa Oilfield Services/AOS Orwell Limited

Africa Oilfield Services is the parent company of AOS Orwell Limited (AOSO). AOSO provides a broad range of services ranging from drilling jars and tools rentals, fishing tool leasing and down-holes services, directional wireline services, machine shop and other related services to the oil majors and drilling contractors.

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Nigeria Africa, West Africa Others May 2011 Active
Industrial Services Holding SA (AIS)

African Industrial Services is an engineering services and component manufacturing and distribution company that provides end-to-end engineering solutions for West Africa’s largest industrial firms. Founded in 2001, AIS is headquartered in Cote d’Ivoire with operations across eight countries in West Africa including Benin, Togo, Guinea, Senegal, Burkina Faso and recently launched branches in Liberia and Sierra Leone - See more at:

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Cote d'Ivoire Africa, West Africa Business services September 2013 Active

We are now British International Investment