Helios Investors II is a private equity fund managed by Helios Investment Partners, established in 2009 and based in Lagos, Nigeria. The fund focuses on investments across Africa, particularly targeting the exploration, production, and refining sectors. Helios Investors II seeks to make impactful investments in areas such as energy, agriculture, and real estate. The firm aims to support growth-stage companies and engage in various investment types, including buyouts and structured investments. With a strong emphasis on the African market, particularly in countries like Nigeria, South Africa, and Kenya, Helios Investors II is committed to fostering economic development through its strategic investment approach.
Partner and Head of Portfolio Operations - West Africa
Souleymane Ba
Partner
Tavraj Banga
Partner and Co-Head of Climate Investments
Sola Carrena
Managing Director, Investment Team
Paul Cunningham
Partner, CFO
Luciana Germinario
COO, Member of Executive Committee and Partner
Jamie Hollins
Principal, Investments
Temitope Lawani
Managing Partner, Member of Executive and Investment Committees
Tope Lawani
Managing Partner
Cecilie Nielsen
Managing Director, Human Capital, Portfolio Operations Group
Ogbemi Ofuya
Partner, Investments
Simon Poole
Partner, Portfolio Operations Group
Babatunde Soyoye
Managing Partner
Max Von Trotha
Managing Director - Integration, Portfolio Operations Group
Elias Yazbeck
Managing Director
Zineb Abbad El Andaloussi
Partner
57 past transactions
Galatea Bio
Venture Round in 2025
Galatea Bio is a biotechnology company based in the United States, founded by Carlos Bustamante, Nicholas Katsanis, and Alexander Ioannidis. The company focuses on improving diagnostic testing and accelerating drug discovery, particularly in underserved populations that have been historically underrepresented in genetics research. Galatea Bio operates a biobank that serves as a biosample-to-bioinformatics platform, utilizing advanced algorithms and innovative analyses to enhance genomic discovery. By identifying patients at risk for severe multi-inflammatory syndromes and infections, Galatea Bio aims to develop new tests, treatments, and cures that can significantly improve healthcare outcomes for diverse populations.
SeamlessHR
Series A in 2025
SeamlessHR Limited is a human resource technology software company based in Lagos, Nigeria, founded in 2013. It offers a comprehensive, cloud-based HR platform tailored for medium to large-sized organizations, facilitating the automation and optimization of HR processes from recruitment to retirement. The company's product suite includes a Recruitment Management System, HR Management System, Learning Management System, Payroll Management, Leave Management, and Performance and Competency Management tools. Additionally, SeamlessHR provides HR analytics and embedded finance solutions aimed at enhancing financial security for both employers and employees. Through its technology, SeamlessHR enables businesses to streamline various HR functions, ensuring efficient management of their workforce.
Raya Foods
Private Equity Round in 2024
They supply you frozen vegetables and fruits with a superior quality in both local and international markets. Their large supply of raw materials enable us to be flexible and agile in processing orders.They offer customized specifications: cut size, mixes, degree of blanching and many other.
M2P Fintech
Secondary Market in 2024
M2P Fintech is a leading provider of a comprehensive API infrastructure designed to facilitate banking, payments, and lending services for businesses. The company offers a unified platform that supports various payment methods, including cards and digital wallets, while ensuring compliance with regulatory standards. M2P Fintech's technology enables seamless customer onboarding and compliance checks, thereby streamlining operations for financial institutions. By equipping sales teams with essential tools and information, M2P Fintech enhances the management of financial services, ultimately improving customer experiences in an increasingly digital economy.
M2P Fintech
Series D in 2024
M2P Fintech is a leading provider of a comprehensive API infrastructure designed to facilitate banking, payments, and lending services for businesses. The company offers a unified platform that supports various payment methods, including cards and digital wallets, while ensuring compliance with regulatory standards. M2P Fintech's technology enables seamless customer onboarding and compliance checks, thereby streamlining operations for financial institutions. By equipping sales teams with essential tools and information, M2P Fintech enhances the management of financial services, ultimately improving customer experiences in an increasingly digital economy.
Paymob
Series B in 2024
Paymob is a digital payments enabler based in Cairo, Egypt, founded in 2015. The company focuses on building payment infrastructure technologies that enhance financial inclusion in the Middle East and Africa (MEA) region. By providing integrated payment services, Paymob helps businesses of all sizes transition from cash to electronic payments, thereby unlocking new opportunities and efficiencies. Its software aims to minimize the risks associated with fraud and theft while speeding up money circulation. By empowering underserved communities with access to a variety of electronic payment and money transfer options, Paymob plays a crucial role in bridging the financial inclusion gap in the region.
Conduit
Seed Round in 2024
Conduit offers a financial software platform designed to facilitate cross-border payments for global businesses. It enables efficient and seamless transactions between multiple local currencies in Latin America and USD, allowing companies to settle invoices and conduct commercial transactions promptly. The platform is user-friendly, providing enhanced visibility and faster, more accurate payment quotes compared to traditional methods. By streamlining the process of moving money across borders, Conduit supports businesses in capitalizing on financial opportunities and conducting transactions on the same day, thereby enhancing operational efficiency and transparency.
Nomba
Series B in 2023
Nomba is a fintech company focused on providing accessible and affordable financial software solutions for businesses in Africa. The company offers a range of services, including business savings accounts, joint savings options, card payments, and POS terminal management. Nomba's platform enables users to perform various financial transactions, such as paying bills, transferring money, purchasing airtime and TV subscriptions, and managing electricity payments. Customers can engage with Nomba's services through multiple digital channels, including mobile, web, and USSD, as well as through a network of agents. By streamlining these financial processes, Nomba aims to enhance the financial capabilities of businesses and individuals across the continent.
IXAfrica DataCentre
Venture Round in 2022
IXAfrica DataCentre provides internet facilities and smart IT solutions like cloud computing, industry software development, and colocation.
Paymob
Series B in 2022
Paymob is a digital payments enabler based in Cairo, Egypt, founded in 2015. The company focuses on building payment infrastructure technologies that enhance financial inclusion in the Middle East and Africa (MEA) region. By providing integrated payment services, Paymob helps businesses of all sizes transition from cash to electronic payments, thereby unlocking new opportunities and efficiencies. Its software aims to minimize the risks associated with fraud and theft while speeding up money circulation. By empowering underserved communities with access to a variety of electronic payment and money transfer options, Paymob plays a crucial role in bridging the financial inclusion gap in the region.
Zola Electric
Venture Round in 2021
ZOLA Electric is a provider of off-grid solar solutions tailored for African markets, specifically operating in Tanzania, Rwanda, Ghana, and Côte d'Ivoire. Established in 2012 and headquartered in Arusha, Tanzania, with an additional office in San Francisco, the company offers solar home kits to individual households through a leasing or sales model. Utilizing the latest solar, battery, and power electronics technology, ZOLA Electric's systems are designed to meet varying energy needs and income levels, allowing customers to make payments via PAYGo micro-financing and mobile money. The company's innovative approach has enabled it to power over 180,000 homes and businesses in rural and urban areas. ZOLA Electric, previously known as Off-Grid Electric Tanzania Limited until its name change in 2018, has received multiple awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and has garnered investment from prominent firms such as Tesla and Total.
Techniques Science Santé
Acquisition in 2021
Techniques Science Santé is a distributor of high tech medical equipment. For 25 years, T2S has been the leader in the distribution and maintenance of radiology (MRIs, scanners) and radiotherapy equipment (accelerators for oncology) and has today the largest installed base in Morocco. It has since broadened its product range and is now the one stop shop service provider for healthcare projects. It is active in Africa since 2008 and has run projects in Mauritania, Ivory Coast and Mali. The company has revenues of c.m40€ and has 140 employees.
Africell
Debt Financing in 2021
Africell, established in 2001, is a prominent mobile telecommunications provider in Africa, focusing on connecting and empowering local communities. The company has achieved significant growth, becoming the leading operator in Gambia and Sierra Leone, while expanding its operations in the Democratic Republic of the Congo and Uganda, where it acquired Orange Uganda. Africell Holdings maintains full ownership of its operations in Gambia, Sierra Leone, and the DRC, and holds a majority stake in Uganda. As of the end of 2016, Africell had approximately 11 million active subscribers. The company offers a range of services, including 2G and 3G voice and data services, and is in the process of deploying LTE services, which are already available in Kampala, Uganda.
Thunes
Series B in 2021
Thunes is a global B2B payment infrastructure platform established in 2016, specializing in cross-border payment solutions. It facilitates seamless fund transfers between various payment systems, catering to a diverse range of clients, including major players in the gig economy and fintech sectors. The platform enables businesses and consumers to send and receive payments in 80 currencies across 132 countries, supporting 300 payment methods. Thunes offers a suite of services including remittance processing, mass payouts, virtual accounts, and payment collection, utilizing application programming interfaces (APIs) to enhance accessibility and reduce transaction costs. In April 2022, the company expanded its capabilities by acquiring a controlling stake in Tookitaki, a compliance platform that strengthens its anti-money laundering and fraud prevention measures. Headquartered in Singapore, Thunes operates regional offices in key global cities such as London, Paris, and Dubai, positioning itself as a vital player in the international payment landscape.
Starsight Energy
Debt Financing in 2021
Starsight Energy specializes in providing clean energy solutions to commercial and industrial clients across Africa, focusing on both on-grid and off-grid services. The company offers sustainable solar power and energy efficiency services, along with cooling solutions. By employing a team of experienced engineers, Starsight Energy customizes energy storage systems to meet specific application needs and budget constraints. This approach enables clients to achieve significant cost savings while also reducing their carbon emissions. Notably, Starsight Energy eliminates upfront costs by allowing clients to pay a monthly fee for comprehensive services, making clean energy a financially viable choice.
Starsight Energy
Debt Financing in 2020
Starsight Energy specializes in providing clean energy solutions to commercial and industrial clients across Africa, focusing on both on-grid and off-grid services. The company offers sustainable solar power and energy efficiency services, along with cooling solutions. By employing a team of experienced engineers, Starsight Energy customizes energy storage systems to meet specific application needs and budget constraints. This approach enables clients to achieve significant cost savings while also reducing their carbon emissions. Notably, Starsight Energy eliminates upfront costs by allowing clients to pay a monthly fee for comprehensive services, making clean energy a financially viable choice.
Thunes
Series B in 2020
Thunes is a global B2B payment infrastructure platform established in 2016, specializing in cross-border payment solutions. It facilitates seamless fund transfers between various payment systems, catering to a diverse range of clients, including major players in the gig economy and fintech sectors. The platform enables businesses and consumers to send and receive payments in 80 currencies across 132 countries, supporting 300 payment methods. Thunes offers a suite of services including remittance processing, mass payouts, virtual accounts, and payment collection, utilizing application programming interfaces (APIs) to enhance accessibility and reduce transaction costs. In April 2022, the company expanded its capabilities by acquiring a controlling stake in Tookitaki, a compliance platform that strengthens its anti-money laundering and fraud prevention measures. Headquartered in Singapore, Thunes operates regional offices in key global cities such as London, Paris, and Dubai, positioning itself as a vital player in the international payment landscape.
Taptap Send
Venture Round in 2020
Taptap Send is a mobile application that facilitates instant money transfers for immigrants sending funds back to Africa at low costs. Launched in the summer of 2018, the platform has successfully processed hundreds of millions of dollars and serves hundreds of thousands of customers. It operates in seven European countries and enables payments to various countries, including Ivory Coast, Senegal, Mali, Ghana, Guinea, Cameroon, Bangladesh, Kenya, Madagascar, Zambia, Vietnam, and the Democratic Republic of the Congo, with plans for further expansion. Taptap Send simplifies the remittance process by allowing users to transfer money directly to mobile money wallets using just a debit card, eliminating the need for physical deposits and saving time for its clients.
Misr Hytech Seed
Acquisition in 2019
Misr Hytech Seed is a prominent producer of proprietary agricultural seeds located in Cairo, Egypt. The company specializes in developing, producing, and marketing hybrid seeds, including white corn, yellow corn, grain and fodder sorghum, sweet corn, and various vegetables, tailored to the specific needs of the Egyptian market. By employing advanced breeding, production, and conditioning technologies, Misr Hytech aims to deliver high-quality seeds that enhance agricultural productivity. Additionally, the company is committed to supporting farmers by providing technical services for crop production, thereby contributing to improved food security and the ability to meet the growing demand for food in Egypt.
Axxela
Acquisition in 2019
Axxela Limited operates a natural gas distribution network focused on developing gas and power infrastructures across West Africa. The company provides a comprehensive energy offering that includes pipeline gas, compressed natural gas (CNG), and liquefied natural gas (LNG), alongside captive power services such as high-pressure transmission pipelines and gas processing facilities. Axxela aims to help clients meet their natural gas requirements while promoting environmental sustainability by facilitating a transition to cleaner energy sources, thereby reducing emissions of carbon dioxide, nitric oxide, and sulfur oxide.
Lionano
Series B in 2018
Lionano Inc. is a battery technology company based in Woburn, Massachusetts, that specializes in the research, development, and commercialization of advanced materials for lithium-ion batteries. Founded in 2013, Lionano has developed a drop-in replacement material that has been nano-engineered to enhance the capacity and cycle life of batteries. This innovative technology aims to improve key components of lithium-ion batteries, leading to lighter and more cost-effective solutions for consumer electronics and extended range for electric vehicles. The company’s technology has been fully developed at Cornell University, and its leadership team includes experts from diverse backgrounds in chemistry, business, and electrochemistry research, positioning Lionano for a successful product launch.
TPAY Mobile
Acquisition in 2018
TPAY Mobile is an open mobile payment platform established in 2014 and headquartered in Cairo, Egypt. The company specializes in connecting consumers, businesses, and mobile operators through operator billing, enabling users to purchase online products and services using their mobile phone numbers. This innovative approach allows the costs of purchases to be added directly to users' cell phone bills or deducted from their prepaid balances. By leveraging the billing relationships and collection networks of mobile network operators, TPAY Mobile creates a seamless direct carrier billing ecosystem that facilitates access to local and global digital service providers, enhancing the overall payment experience for users and merchants alike.
Africell
Debt Financing in 2018
Africell, established in 2001, is a prominent mobile telecommunications provider in Africa, focusing on connecting and empowering local communities. The company has achieved significant growth, becoming the leading operator in Gambia and Sierra Leone, while expanding its operations in the Democratic Republic of the Congo and Uganda, where it acquired Orange Uganda. Africell Holdings maintains full ownership of its operations in Gambia, Sierra Leone, and the DRC, and holds a majority stake in Uganda. As of the end of 2016, Africell had approximately 11 million active subscribers. The company offers a range of services, including 2G and 3G voice and data services, and is in the process of deploying LTE services, which are already available in Kampala, Uganda.
Starsight
Private Equity Round in 2018
Starsight provides captive power and energy efficiency solutions to commercial, multi-site clients in Nigeria through long-term contracts.
Starsight Power Utility
Private Equity Round in 2018
Starsight Power Utility Ltd is an energy services company based in Ikoyi, Nigeria, specializing in solar-diesel-battery systems, as well as cooling and lighting solutions for commercial and industrial clients. Founded in 2008, the company focuses on enhancing energy efficiency and sustainability by providing innovative energy solutions that aim to deliver significant cost savings while reducing carbon emissions for their customers. Through its comprehensive services, Starsight Power Utility positions itself as a key player in promoting environmentally friendly energy practices in the Nigerian market.
Zola Electric
Series D in 2018
ZOLA Electric is a provider of off-grid solar solutions tailored for African markets, specifically operating in Tanzania, Rwanda, Ghana, and Côte d'Ivoire. Established in 2012 and headquartered in Arusha, Tanzania, with an additional office in San Francisco, the company offers solar home kits to individual households through a leasing or sales model. Utilizing the latest solar, battery, and power electronics technology, ZOLA Electric's systems are designed to meet varying energy needs and income levels, allowing customers to make payments via PAYGo micro-financing and mobile money. The company's innovative approach has enabled it to power over 180,000 homes and businesses in rural and urban areas. ZOLA Electric, previously known as Off-Grid Electric Tanzania Limited until its name change in 2018, has received multiple awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and has garnered investment from prominent firms such as Tesla and Total.
Solevo
Acquisition in 2017
Solevo is a distributor specializing in a diverse array of products across four primary categories: fertilizers, crop protection, chemicals, and seeds. The company focuses on providing specialty chemicals and agricultural inputs that cater to various sectors, including agriculture, food, home, mining, and energy. Solevo aims to enhance self-sufficiency and promote local industry development by offering industrial chemicals that help clients achieve safer and more secure livelihoods through improved agricultural yields.
The Quantum Group
Debt Financing in 2017
The Quantum Group, a company based in Ghana with vertically-integrated operations in the transportation and logistics of refined petroleum products.
The GB Foods, S.A
Private Equity Round in 2017
The GB Foods, S.A. is a company based in L'Hospitalet de Llobregat, Spain, that specializes in the manufacturing and marketing of meal products. Founded in 2015, the company offers a range of meal solutions, including soups, ready-to-eat dishes, and fish products. Its operations extend across several countries, including Spain, Italy, the Netherlands, Russia, and the CIS Republics.
Trustco Bank
Post in 2017
Trustco Bank is a savings and loan holding company that focuses on community banking by providing a wide range of financial services to individuals and businesses. Its core activities include accepting deposits and offering various loan products, such as mortgages, auto loans, and building loans. Trustco Bank also provides personal banking services, including savings accounts, retirement accounts, and money market accounts. The bank operates in several states, including New York, Florida, Massachusetts, New Jersey, and Vermont, serving the communities within these regions. Trustco Bank aims to deliver high-quality services at a low cost while ensuring an above-average return on investment for its owners.
Axxela
Private Equity Round in 2016
Axxela Limited operates a natural gas distribution network focused on developing gas and power infrastructures across West Africa. The company provides a comprehensive energy offering that includes pipeline gas, compressed natural gas (CNG), and liquefied natural gas (LNG), alongside captive power services such as high-pressure transmission pipelines and gas processing facilities. Axxela aims to help clients meet their natural gas requirements while promoting environmental sustainability by facilitating a transition to cleaner energy sources, thereby reducing emissions of carbon dioxide, nitric oxide, and sulfur oxide.
Tailor Brands
Series A in 2016
Tailor Brands, LTD. is an online platform that facilitates the design of brand logos, business cards, and letterheads, enabling users to create a distinct brand identity. Founded in 2014 and headquartered in Tel Aviv, Israel, the company offers a comprehensive suite of tools that simplifies the process of starting and managing a business. Tailor Brands provides services ranging from LLC formation and obtaining necessary business permits to website development and personalized branding guidance. The platform aims to connect all essential resources in a streamlined experience, allowing entrepreneurs to efficiently build and grow their businesses while crafting a unique online presence.
Zola Electric
Series D in 2016
ZOLA Electric is a provider of off-grid solar solutions tailored for African markets, specifically operating in Tanzania, Rwanda, Ghana, and Côte d'Ivoire. Established in 2012 and headquartered in Arusha, Tanzania, with an additional office in San Francisco, the company offers solar home kits to individual households through a leasing or sales model. Utilizing the latest solar, battery, and power electronics technology, ZOLA Electric's systems are designed to meet varying energy needs and income levels, allowing customers to make payments via PAYGo micro-financing and mobile money. The company's innovative approach has enabled it to power over 180,000 homes and businesses in rural and urban areas. ZOLA Electric, previously known as Off-Grid Electric Tanzania Limited until its name change in 2018, has received multiple awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and has garnered investment from prominent firms such as Tesla and Total.
OVH Energy - Oando Licensee
Private Equity Round in 2016
OVH Energy, is the second largest downstream fuels company in Nigeria.
Telkom Kenya
Acquisition in 2016
Telkom Kenya, established in April 1999, is a telecommunications operator offering a comprehensive range of integrated communication solutions in Kenya. The company provides voice and data services, including broadband, messaging, and various other communication connections, catering to individuals, small and medium-sized enterprises, government entities, and large corporations. With a significant presence across the country, Telkom Kenya serves millions of customers, ensuring uninterrupted network connectivity for both commercial and non-commercial users. The company plays a vital role in the information and communications technology sector, contributing to the advancement of communication infrastructure in Kenya.
The Resort Group
Debt Financing in 2016
The Resort Group, based in Cape Verde, is a leading luxury hotel owner, developer, and operator, recognized as the largest private investor in the country's history. The group operates five resorts on Sal Island: Melia Dunas, TUI Suneo Dunas, Melia Llana, TUI Blue Llana, and Melia Tortuga, with a construction pipeline of 6,500 rooms. Specializing in identifying future tourist hotspots, The Resort Group has successfully launched several prime beachfront projects, transitioning from management agreements with international brands to direct control of its resorts. The Melia Tortuga, launched in 2011, has received numerous accolades, including recognition as Cape Verde's Leading Hotel. Melia Dunas, opened in 2014, is the largest resort on the African continent and won Best Hotel in Cape Verde at the 2015 Hotel of the Year Awards. The company has significantly impacted the local economy by creating nearly 2,000 jobs, reflecting its founder Rob Jarrett's commitment to showcasing Cape Verde's natural beauty and potential as a world-class tourist destination.
Crown Agents Bank
Acquisition in 2016
Crown Agents Bank Limited provides banking, public financial management, procurement, supply chain management.
Pipeline Network
Seed Round in 2016
Pipeline Network develops software-based Internet of Things (IoT) solutions aimed at enhancing yield and efficiency across various industries. The company focuses on creating a cellular network that connects a range of electronic and electrical devices, specializing in wireless connectivity. Its offerings include autonomous drones that provide WiFi coverage and low power wide area network (LPWAN) solutions. These technologies are designed to prevent electricity theft, improve transportation efficiency, and reduce operating expenses, while also facilitating the convergence of data for better operational insights.
Fawry
Private Equity Round in 2015
Fawry for Banking Technology and Electronic Payments operates as an electronic payment network in Egypt, providing a range of financial services to both consumers and businesses. Founded in 2008 and based in Giza, the company serves approximately 20 million customers through over 111,000 service points across the country. Fawry offers a variety of payment solutions, including bill payments through online platforms, ATMs, mobile wallets, and retail locations, such as groceries and pharmacies. Its services encompass payment facilitation, customer acquisition, electronic cash services, and business-to-business collections. The company is known for its reliability and convenience in payment processing, making it a significant player in Egypt's electronic payment landscape.
Starzs Investments Company
Debt Financing in 2015
Starzs Investments Company Limited is a prominent indigenous offshore oil and gas services provider based in Nigeria. The company specializes in marine transportation and logistics services tailored for both international and local oil companies. Its offerings include towage, anchoring, and positioning of offshore assets, as well as ship management and maritime security logistics support. By delivering a comprehensive range of services, Starzs Investments enables its clients to select the specific solutions that meet their operational needs in the offshore oil and gas sector.
Africa Oil Corp
Post in 2015
Africa Oil is a Canadian oil and gas company with assets in Kenya and Ethiopia as well as Puntland (Somalia) through its 41% equity interest in Africa Energy Corp. Africa Oil's East African holdings are within a world-class exploration play fairway with a total gross land package in this prolific region in excess of 200,000 square kilometers. The East African Rift Basin system is one of the last of the great rift basins to be explored. Several new significant oil discoveries have been announced in the Lokichar basin of Kenya in which the Company holds a 50% interest along with operator Tullow Oil plc. The Company is listed on the TSX and on Nasdaq Stockholm under the symbol "AOI".
Wananchi Group
Private Equity Round in 2014
Wananchi Group Holdings Limited, founded in 2008 and headquartered in Nairobi, Kenya, is a prominent provider of home entertainment and communication services in East Africa. The company serves both residential and corporate customers, offering a range of services that includes high-speed internet via its fiber optic network, DTH satellite pay TV, and original programming for its pay TV channels. In the corporate sector, Wananchi provides voice, video, data, and internet connectivity to enterprises, governments, and media organizations. Additionally, it offers value-added services such as data security, cloud solutions, and web hosting. Wananchi Group is recognized for its commitment to delivering high-quality and affordable services, making it a key player in the region's telecommunications and entertainment industries.
Impact Oil & Gas
Private Equity Round in 2014
Impact Oil & Gas is an oil and gas exploration company focused on uncovering new opportunities in underexplored sedimentary basins offshore Africa. The company specializes in early-stage deep-water hydrocarbon plays, employing detailed geological and geophysical assessments to identify significant drilling prospects. By targeting these areas, Impact Oil & Gas aims to provide multinational corporations with access to substantial reservoirs that could represent material inventory for future extraction. The company's commitment to exploration positions it to become a leading player in the industry.
Helios Towers Africa
Private Equity Round in 2014
Helios Towers Africa has operations in Ghana, Tanzania, the Democratic Republic of Congo and a sister company in Nigeria. The number of mobile subscribers in Africa has increased from just 16 million people in 2000 to over 500 million today. Based on these growth levels and without an increase in the sharing of telecoms tower facilities, the number of towers in Africa will need to double from the current number of 75,000, a significant environmental impact.
ARM Pension Managers PFA
Private Equity Round in 2014
ARM Pension Managers PFA Limited (“ARM Pensions”), a subsidiary of ARM. ARM Pensions is Nigeria’s largest independent pension fund manager.
Mulu
Seed Round in 2013
Mulu, Inc. is a technology company that specializes in creating an online platform designed to make content shoppable in real time. Founded in 2011 and based in Los Angeles, California, Mulu enables users, including individuals, retailers, and influencers, to create profiles that recommend products and indicate where to purchase them. The platform utilizes deep learning to identify millions of commercially available products mentioned online, allowing publishers and bloggers to seamlessly integrate product sales into their content. Additionally, advertising platforms leverage Mulu to display targeted ads and generate user interest graphs. Retailers and curation sites benefit from Mulu's ability to automate affiliate links and organize inventory into curated collections efficiently.
Bayport Management
Private Equity Round in 2013
Bayport Management Ltd is a financial services provider founded in 2001 and headquartered in Ebene, Mauritius. Through its subsidiaries, the company offers a range of retail financial services across multiple countries, including Mauritius, Botswana, Colombia, Ghana, Mexico, Mozambique, South Africa, Tanzania, Uganda, and Zambia. Its product offerings include personal loans, such as payroll and retail loans, as well as savings accounts, flexible deposits, and transaction accounts. Additionally, Bayport provides mobile banking solutions, e-wallets, payment kiosks, and ATM services. The company also offers various insurance products, including credit insurance, education protection plans, and coverage for hospital and funeral expenses. Bayport Management generates revenue primarily through interest income and administration fees associated with its financial products and services.
MallforAfrica
Private Equity Round in 2013
MallforAfrica is Africa's larges online mall which enables Africans from 35 countries purchase items from international retailers in the US and UK who do not accept local currency or ship to Africa. Its online platform and payment system gives its users access to over 250 US/UK retailers and over 2 billion products. MallforAfrica was successfully sold with an IP and Platform exit in 2021. MallforAfrica was launched by Chris Folayan in June 2012 and its operations are based in Nigeria
Eland Oil & Gas
Private Equity Round in 2012
Eland Oil & Gas is an independent oil and gas company focused on the exploration and production of oil and gas in West Africa, particularly in Nigeria. The company holds significant interests in the OML 40 license, covering 498 square kilometers in the Niger Delta, and a 40% interest in the Ubima field, which spans 65 square kilometers in northern Rivers State. Eland Oil & Gas aims to develop and enhance its portfolio of producing upstream assets in the region. Founded in 2009 and headquartered in Aberdeen, United Kingdom, the company also provides financing services to support its operations. As of December 2019, it operates as a subsidiary of Seplat Petroleum Development Company.
Interswitch
Venture Round in 2011
Interswitch is an Africa-focused integrated digital payments and commerce company that has been operational since 2002. It specializes in transaction switching and electronic payments processing, building and managing payment infrastructure across the continent. Interswitch facilitates the electronic circulation of money and the exchange of value between individuals and organizations, ensuring timely and consistent transactions. By providing innovative payment products and transactional services, the company aims to help banks, institutions, and governments reduce costs, enhance operational efficiency, and drive sustainable revenue growth.
Vivo Energy Investments
Acquisition in 2011
Vivo Energy is a leading distributor of fuels and lubricants in Africa, operating under the Shell brand. Founded in 2011 and based in Amsterdam, the company is a subsidiary of Vivo Energy plc, which is jointly owned by Vitol, Helios Investment Partners, and Shell. Vivo Energy focuses on providing innovative and responsible energy solutions tailored to the needs of both motorists and commercial customers. In addition to traditional fuels and lubricants, the company is expanding its non-fuel retail offerings and developing hybrid and solar solutions, aiming to meet the evolving energy demands across the continent.
JCDecaux South Africa
Acquisition in 2009
JCDecaux South Africa (Pty) Ltd provides advertising services for marketers across South Africa and Sub-Saharan Africa. Its services include the design and printing of artwork, and the display of outdoor advertising.
Equity Group Holdings
Private Equity Round in 2007
Equity Group Holdings is a financial services provider based in Nairobi, Kenya. It operates primarily through Equity Bank Kenya, which is a licensed commercial bank regulated by the Central Bank of Kenya. Equity Bank Kenya was established in 2014 following a corporate restructure of Equity Group Holdings Limited. The organization offers a range of banking and financial services aimed at various customer segments, contributing to the financial inclusion and economic empowerment of individuals and businesses in the region.
Africatel
Private Equity Round in 2007
Africatel Holding BV is a holding company that specializes in providing a range of telecommunication services. The company offers both fixed and mobile telephony, catering to diverse communication needs. In addition to voice services, Africatel provides broadband and data transmission, ensuring that customers have access to reliable internet connectivity and data solutions. Through its comprehensive offerings, Africatel aims to enhance communication infrastructure and connectivity across its operational regions.
First City Monument Bank
Private Equity Round in 2007
First City Monument Bank is a commercial banking institution founded in 1982 and based in Lagos, Nigeria. It serves a diverse clientele, including large corporations, small and medium enterprises, and individual customers. The bank offers a wide array of financial services, such as personal banking, business banking, and corporate banking. Its product offerings include loans, savings and current accounts, credit cards, and online banking. Additionally, First City Monument Bank provides specialized services like cash management, foreign exchange, corporate finance, and trade services. The bank's corporate finance division focuses on financial advisory, capital raising, mergers and acquisitions, and infrastructure and project finance, facilitating digital transformation in banking for its customers.
HTN Towers
Private Equity Round in 2005
HTN Towers is the first independent tower operator in Africa, established in 2006. The company operates a diverse portfolio of over 2,000 tower sites, primarily located in urban and suburban areas across 34 of Nigeria's 36 states. A significant portion of these sites is concentrated in Nigeria's largest cities, Lagos and Abuja. HTN Towers specializes in providing passive infrastructure for the telecommunications industry, which includes colocation services, distributed antenna services, and managed services. Additionally, the company designs, builds, and operates tower site infrastructure, ensuring reliable connectivity through advanced power management systems for uninterrupted power supply.
Conduit
Conduit offers a financial software platform designed to facilitate cross-border payments for global businesses. It enables efficient and seamless transactions between multiple local currencies in Latin America and USD, allowing companies to settle invoices and conduct commercial transactions promptly. The platform is user-friendly, providing enhanced visibility and faster, more accurate payment quotes compared to traditional methods. By streamlining the process of moving money across borders, Conduit supports businesses in capitalizing on financial opportunities and conducting transactions on the same day, thereby enhancing operational efficiency and transparency.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.