Industry Newsroom

Actis Makes Two Digital Infrastructure Investments in South Africa

Actis has agreed to acquire a controlling stake in South Africa-based fiber network operator Octotel at an enterprise valuation of ZAR2.3b (approximately USD140m). At the same time, Actis has also agreed to acquire a minority stake in South Africa-based internet service provider RSAWEB. The two investments, both pending regulatory approval, have facilitated a full exit for Pembani Remgro. Read more