Last year Actis, a London-based investor with a focus on emerging markets, closed its Africa Real Estate Fund with more than $500 million, surpassing its $400 million target. But then the real work began. The fund buys and develops retail, office and industrial real estate in capital cities across sub-Saharan Africa, according to Funke Okubadejo, director of real estate for the Actis Lagos office.

Source: Wall Street Journal October 03, 2017 20:56 UTC