TSFE, British Actis agree to cooperate in future investment opportunities

  • Date: 20-Jan-2020
  • Source: Daily News Egypt
  • Sector:Economy
  • Country:Egypt
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TSFE, British Actis agree to cooperate in future investment opportunities

MoU emphasises the Fund's attractiveness as an investment partner, says planning minister. Comments Off on TSFE, British Actis agree to cooperate in future investment opportunities. The UK-Africa Investment Summit, taking place in London this week, underscores the importance of future investment in Africa for the UK and Actis, which is uniquely positioned for a partnership with TSFE.. The important cooperation agreement will support energy transition and underscores a new chapter for sustainable, high-quality UK investment in key markets such as Egypt.. TSFE received a strong proposal from Actis, that manifested the growing appetite of leading global financing institutions to support investments into Egypt, endorsing Actis' proposal to participate in the announced monetisation process of one of the three Siemens-built 4.8GW gas power plants.. We consider Actis' proposal to be a strong sign reflecting its underlying interest in expanding its investments in Egypt and we look forward to unlocking further appetite and value through such partnerships," Soliman noted..