ENEO14 Jul 2020 08:53
In 2014, Actis acquired a 56% stake in Cameroon's national electricity integrated utility, Eneo. Eneo owns and operates over 900MW of generation capacity and distributes electricity to more than 900,000 customers.
Actis is a british company that makes good profits from other things, so they have the money to pay their debts if they want to but decide not to for vog business, because they can get away with not doing so.
I think they believe vog will go bust and then get away with never paying, after all they haven't paid vog in full on time in the last 3 years or so. So why now.