Top 40 Investment Highlights in Africa 2012 – Ventures Africa com article by Busayo

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VENTURES AFRICA – Africa has been regarded as the next investment hub in the world. As global economies struggle to keep afloat, Africa has become the new location for business. A continent looked at for its resources and image of hunger and poverty has suddenly become the new destination for business sustainability. While several investments were made in the continent this year,  Ventures Africa has selected 40 notable investment deals for the year 2012. These investments were chosen based on the effect it has on the African economy and potential profit to be derived thereof. The investments range from initial forays into the African market to opening shop, mergers and acquisitions as well as investment plans that will sprout to significance in 2013. In no respective order, the investments include:

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Bujagali Hydropower Plant Investment: Blackstone Group LP invested about $120 million, with other partners in the $900 million Bujagali hydroelectric dam in Uganda, a project that helped alleviate the East African nation’s chronic energy shortages. The250MW Bujagali Hydropower Plant was jointly funded by Industrial Promotion Services (IPS), the infrastructure and industrial development arm of the Aga Khan Fund for Economic Development, Sithe Global Power LLC (USA), a company majority owned by Blackstone Capital Partners IV, L.P., a fund managed by Blackstone on behalf of its investors, and the Government of Uganda.

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