This archive report was first published on 14 July 2020.
On July 14, 2020, CDC Group, a UK government-owned development finance institution, announced a $100 million investment in Helios Investor IV, a pan-African fund that will invest in market leading firms across the continent.
Helios Investor IV is the fourth private equity fund raised by Helios Investment Partners, with CDC's latest investment signaling confidence in the firm.
Clarisa De Franco, head of Africa Funds at CDC, stated, "Our investment will allow growing African companies to access much-needed finance to support their development and expansion at a particularly challenging time in the markets. CDC takes its direct foreign investment role seriously in ensuring trade and investing in African companies continues smoothly to enable a swift post-COVID-19 recovery."
According to Clarisa, the investment will enable Helios to invest in promising companies, create lasting jobs, and accelerate progress towards sustainable development goals across the region.
Helios has offices in Nairobi and Lagos and has invested over $3 billion in businesses operating in over 30 African countries since launching the first private equity fund in 2008.
