This investment was made when British International Investment was named CDC Group.
Washington is a data centre platform seeking to create a portfolio of carrier-neutral co-location data centres across Africa’s key markets. Its first acquisition was a majority stake in Rack Centre, Nigeria, the leading carrier-neutral facility in Lagos. Beyond Nigeria, the platform is focusing on markets where it can scale within a reasonable time frame.
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.
- Construction and real estate
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Actis Africa Real Estate Fund 3
- 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
- February 2020
This is the investee company’s place of incorporation; or a fund’s jurisdiction.