Globeleq News

Deepak Malik, Africa Regional Director, Norfund

Norway fund mulls West Africa expansion with Ghana investments

The Norwegian Investment Fund for Developing Countries is considering investments in financial-services and clean-energy businesses in Ghana as the institution extends its scope to West Africa.

Kjell Roland, Managing Director, Norfund

Norway's Norfund to double power investments in Africa by 2020, says Managing Director Kjell Roland

Norway’s state-owned development fund, Norfund, plans to double or even triple its investments in Sub-Saharan Africa’s power sector by 2020, its managing director said on Wednesday.

Solar Farm

Private equity firm Actis to set up $1.9B pan-African renewable energy business

Actis, the UK-listed private equity group, is to set up a $1.9bn renewable energy business in Africa, in an attempt to tap the continent’s resources and meet its growing demand for electricity.