Actis, a large emerging market private equity investor, has agreed to exit its majority stake in GHL Bank to the First National Bank Ghana. The transaction has received the required regulatory approvals from the affected reserve banks. Actis invested in GHL Bank in 2016 and provided the required support in the bank’s transition into a full-scale commercial bank from a being a mainly mortgage based bank.
Actis is a large private equity investor in growth markets across Africa, Asia and Latin America. The firm was established in 2004 and has over the period raised US$15-billion. Actis employs over 200 people working across 16 offices globally. Actis has deployed capital to over 70 companies around the world and contributes to the employment of over 116,500 people.