Fund manager (General Partner), AVCA member, one of the leading pan-African funds. Assets under management: ≈ USD 3bn.
Criteria published by the fund, recorded and checked by Invest Matching.
Recent public deals: they say better than a thesis what the fund actually signs.
GrowthUndisclosed amountEquityManufacturingLead
Activity : Plastics and packaging
Instrument : acquisition of controlling interests
West African glass packaging platform manufacturing glass bottles, plastic crates and metal crowns.
Why they invested
- Build a leading packaging platform in West Africa
- Serve major international beverage bottlers
- Develop a regional industrial business
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityFinancial servicesCo-Invest
Activity : Banking
Instrument : investment · Vehicle : Helios Digital Ventures
Regulated programmable commercial bank combining traditional banking and digital assets.
Why they invested
- Unify traditional banking and digital assets
- Build programmable financial infrastructure
Source : heliosinvestment.comN1 · Primary source
SeamlessHR
January 2025 · NigeriaSeries A9 M$EquitySaaSLead
Activity : Enterprise software (SaaS)
SeamlessHR, a Nigerian company that helps businesses manage HR functions, has raised a $9 million Series-A extension round, according to three people with knowledge of the conversation.
Co-investors Gates Foundation
Source : techcabal.com
GrowthUndisclosed amountEquitySaaSCo-Invest
Activity : Enterprise software (SaaS)
Instrument : investment · Vehicle : Helios Digital Ventures
African HR and payroll SaaS platform used by businesses across multiple African countries.
Why they invested
- Automate HR and payroll processes
- Support expansion of a SaaS platform localized for African markets
- Expand embedded financial services
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityFintechCo-Invest
Activity : Fintech infrastructure (APIs, open banking, BaaS)
Instrument : acquisition of a stake
API infrastructure and Banking-as-a-Service provider supporting financial services expansion across Africa.
Why they invested
- Support M2P's growth across Africa
- Develop digital financial infrastructure
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityMedia & entertainmentCo-Invest
Activity : Film, media production and entertainment
Instrument : joint venture · Vehicle : Helios Sports & Entertainment Group
Permanent African MMA league platform created with the Professional Fighters League.
Why they invested
- Create a permanent expansion of PFL's network in Africa
- Develop African sports and entertainment
Co-investors Professional Fighters League LLC
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityFintechCo-Invest
Activity : Money transfer and remittances
Instrument : investment · Vehicle : Helios Digital Ventures
Pan-African digital payments network enabling real-time local and cross-border payments.
Why they invested
- Enable real-time local and cross-border payments
- Develop African digital payments infrastructure
Source : heliosinvestment.comN1 · Primary source
The Malachite Group
November 2023 · South AfricaGrowthUndisclosed amountEquityTourism & hospitalityCo-Invest
Activity : Tourism and leisure
Instrument : acquisition of a stake · Vehicle : Helios Sports & Entertainment Group
Creator and producer of global events, content, products and travel experiences, including Afro Nation and Amapiano brands.
Why they invested
- Develop African entertainment brands with global reach
- Support expansion of Africa's cultural economy
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityReal estateCo-Invest
Activity : Commercial real estate
Instrument : acquisition of a stake · Vehicle : Helios Sports & Entertainment Group
Group focused on investing in and operating African lifestyle real estate.
Why they invested
- Support investment and operation of African lifestyle real estate
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityTelecoms & digital infrastructureLead
Activity : Data centres and cloud
Instrument : acquisition of a majority stake
Developer and operator of hyperscale-ready data centres in Kenya.
Why they invested
- Address growing demand for digital connectivity
- Develop data centre infrastructure in Kenya
Source : heliosinvestment.comN1 · Primary source
Series BUndisclosed amountEquityFintechCo-Invest
Activity : Payments and mobile money
Instrument : investment · Vehicle : Helios Digital Ventures
Omnichannel payment and banking platform offering transfers, card acceptance and business management tools.
Why they invested
- Improve business access to digital payments
- Provide management tools to Nigerian businesses
Source : heliosinvestment.comN1 · Primary source
Tema LNG Terminal Company
November 2017 · GhanaGrowthUndisclosed amountEquityEnergyLead
Activity : Oil and gas (upstream and gas infrastructure)
Instrument : established Tema LNG Terminal Company to develop, construct and operate
Development, construction and operation of an LNG import terminal in Tema.
Why they invested
- Develop the first LNG import terminal in sub-Saharan Africa
- Strengthen Ghana's energy supply
Source : heliosinvestment.comN1 · Primary source
Starsight
May 2017 · NigeriaGrowthUndisclosed amountEquityEnergyLead
Activity : Commercial & industrial energy
Instrument : acquired a majority interest
Provider of captive power and energy-efficiency solutions combining solar, diesel and batteries.
Why they invested
- Deploy hybrid energy solutions
- Reduce power supply constraints for Nigerian businesses
- Improve energy efficiency
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityRetail & distributionCo-Invest
Activity : Consumer goods (FMCG)
Instrument : capitalisation of GBfoods Africa Holdco B.V.
African fast-moving consumer goods platform with operations across more than 30 African countries.
Why they invested
- Build a pan-African FMCG platform
- Leverage established food brands
Co-investors GBfoods S.A.
Source : heliosinvestment.comN1 · Primary source
Solevo
November 2016 · Côte d'IvoireGrowthUndisclosed amountEquityAgribusinessLead
Activity : Agricultural inputs and services
Instrument : acquisition of 100% of the African fertilizers and inputs platform
African fertilizers and agricultural inputs distribution platform.
Why they invested
- Develop a pan-African agricultural inputs platform
- Strengthen distribution of fertilizers and agricultural chemicals
Source : heliosinvestment.comN1 · Primary source
Series C+10 M$EquityEnergyLead
Activity : Off-grid solar and solar kits
Instrument : initial investment of $10 million followed by a Series D
Provider of solar-powered electricity solutions for residential and business customers with unreliable or no grid access.
Why they invested
- Provide solar electricity to off-grid customers
- Address electricity-access gaps
- Develop an energy solution suited to African markets
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityEnergyCo-Invest
Activity : Fuel and LPG distribution
Instrument : recapitalization and partial divestment
Oando's downstream operations in Nigeria, including petroleum-product distribution.
Co-investors Vitol
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityTelecoms & digital infrastructureLead
Activity : Telecom operators and ISPs
Instrument : acquisition of 60%
Integrated telecommunications provider offering fixed, mobile, Internet and enterprise solutions.
Why they invested
- Develop an integrated telecom platform in Kenya
- Support growth in mobile and Internet services
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityReal estateCo-Invest
Activity : Residential real estate and development
Instrument : joint venture
Kenyan real estate developer focused in part on housing for young people.
Why they invested
- Create a real estate development platform in Nairobi
- Target the youth-housing segment
Source : heliosinvestment.comN1 · Primary source
Growth100 M$EquityEnergyLead
Activity : Oil and gas (upstream and gas infrastructure)
Instrument : 12.4% stake
Oil and gas exploration company with assets in Kenya, Ethiopia and Somalia.
Why they invested
- Invest in an African oil and gas exploration company
- Gain exposure to East African assets
Source : heliosinvestment.comN1 · Primary source
Growth40 M$EquityTelecoms & digital infrastructureLead
Activity : Telecom operators and ISPs
Instrument : funding round led by Helios
Telecommunications and Internet services group operating in East Africa.
Why they invested
- Expand broadband access in East Africa
- Finance expansion of a regional telecom platform
Co-investors Altice S.A., Liberty Global Inc.
Source : heliosinvestment.comN1 · Primary source
Impact Oil and Gas
August 2014 · South AfricaGrowthUndisclosed amountEquityEnergyLead
Activity : Oil and gas (upstream and gas infrastructure)
Instrument : 13.6% stake
Oil and gas exploration company focused on African assets.
Why they invested
- Take stakes in promising African acreage
- Gain exposure to African oil exploration
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityFinancial servicesLead
Activity : Asset management and markets
Instrument : minority stake
Nigerian pension fund manager and subsidiary of ARM.
Why they invested
- Invest in Nigeria's largest independent pension fund manager
- Benefit from pension-savings growth
Source : heliosinvestment.comN1 · Primary source
Growth100 M$EquityFinancial servicesLead
Activity : SME finance
Instrument : 23.4% interest
Provider of unsecured credit and financial solutions to formally employed mass-market customers in Africa.
Why they invested
- Expand access to credit in Africa
- Serve underbanked formally employed markets
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityE-commerceCo-Invest
Activity : Online retail
Instrument : growth capital
Nigerian e-commerce platform providing access to products from US and UK retailers.
Why they invested
- Develop e-commerce in Nigeria
- Improve African consumers' access to international products
Source : heliosinvestment.comN1 · Primary source
Growth62 M$EquityEnergyLead
Activity : Oil and gas (upstream and gas infrastructure)
Instrument : 29.36% interest plus a two-year option on an additional $16 million
Oil exploration and production company operating Nigerian assets.
Source : heliosinvestment.comN1 · Primary source
Growth1,000 M$EquityEnergyCo-Invest
Activity : Fuel and LPG distribution
Instrument : purchase of downstream fuels business
Fuel distribution platform operating across multiple African countries under Shell and Engen brands.
Why they invested
- Acquire a pan-African fuel distribution platform
- Develop a service-station network across multiple African countries
Co-investors Vitol Group
Source : heliosinvestment.comN1 · Primary source
GrowthUndisclosed amountEquityFintechLead
Activity : Fintech infrastructure (APIs, open banking, BaaS)
Instrument : acquisition of a majority equity interest
Nigerian provider of electronic payment processing and payments infrastructure.
Why they invested
- Develop electronic payments in Nigeria
- Support a leading payments-processing platform
Source : heliosinvestment.comN1 · Primary source
Growth350 M$EquityTelecoms & digital infrastructureCo-Invest
Activity : Telecom towers and fibre
Instrument : committed $350 million to Helios Towers Africa
Telecom tower infrastructure operator leasing tower space to mobile operators across Africa.
Why they invested
- Develop African telecommunications infrastructure
- Benefit from mobile-telephony growth
- Deploy tower assets across multiple African countries
Co-investors Albright Capital Management LLC, Lord Rothschild's family interests, RIT Capital Partners plc, Soros Strategic Partners LP
Source : heliosinvestment.comN1 · Primary source
Growth178.7 M$EquityFinancial servicesLead
Activity : Banking
Instrument : acquisition of a 24.99% interest
Kenyan bank expanding financial services to previously underbanked populations.
Why they invested
- Benefit from low banking penetration
- Support a bank expanding access to financial services
Source : heliosinvestment.comN1 · Primary source
Growth165 M$EquityTelecoms & digital infrastructureLead
Activity : Telecom operators and ISPs
Instrument : 22% interest with an option for an additional 3%
Platform aggregating telecommunications assets in sub-Saharan Africa, including Angola, Namibia and Cape Verde.
Why they invested
- Aggregate telecom assets across sub-Saharan Africa
- Benefit from African telecommunications growth
Source : heliosinvestment.comN1 · Primary source
Growth50 M$EquityFinancial servicesLead
Activity : Banking
Instrument : acquisition of a 16% interest
Listed Nigerian universal bank providing banking services to individuals and businesses.
Why they invested
- Benefit from low banking penetration
- Support growth in Nigeria's banking sector
Source : heliosinvestment.comN1 · Primary source
Helios Investment Partners invests tickets ranging from 9 M$ to 178.7 M$, across the following sectors: Financial services, Fintech, Energy, Infrastructure (all), Logistics, Retail & distribution, Water & environment, Real estate, Telecoms & digital infrastructure, Transport & civil engineering, Agribusiness, E-commerce, Manufacturing, Media & entertainment, SaaS, and Tourism & hospitality, in the following areas: Nigeria, Kenya, Ghana, Egypt, Morocco, Côte d'Ivoire, South Africa, Angola, DRC, and Tanzania. Check in 30 seconds whether your company fits these criteria.