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Solid growth in the fund’s agriculture and infrastructure PE holdings helped drive net profit of $44m.
The South African firm has also launched its seventh flagship buyout fund, for which it is targeting as much as $755m by early next year.
Developed market limited partners have fallen out of love with Africa as currency volatility continues to take its toll on returns.
Fintech is taking off all over the continent as firms plug the gap filled elsewhere by traditional financial services providers.
Actis has joined a number of firms looking to take advantage of growing demand for higher education across the continent.

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