Mainstream Energy Solutions News

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.

Goodluck Jonathan, President of Nigeria

Nigeria's Power Industry Bailout Heads Off Threat to Lenders

Nigeria has headed off a threat to its banking industry by propping up struggling power companies with an intervention fund, said analysts including Pabina Yinkere of Vetiva Capital Management Ltd.