Helios Investors II

Zola Electric provides off-grid solar solutions primarily for African markets, focusing on Tanzania, Rwanda, Ghana, and the Ivory Coast. The company offers solar home kits that can be either leased or purchased, utilizing a pay-as-you-go micro-finance model that accommodates various income levels. By employing advanced solar, battery, and power electronics technology, Zola Electric delivers renewable energy systems tailored to the needs of individual households and businesses in rural communities. Since its inception in 2012, the company has powered over 180,000 homes and businesses. Formerly known as Off-Grid Electric Tanzania Limited, it rebranded to Zola Electric in July 2018 and has established its headquarters in Arusha, Tanzania, with an additional office in San Francisco, California. The company has garnered recognition through various awards and has attracted investment from notable firms, including Tesla and EDF.

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 was established in 2001 in Africa and has been shaped by traditional African values, putting the communities in their markets at the heart and soul of our business. Connecting and empowering local communities lies at the very core of our strategy. Africell is one of the fastest-growing mobile telecommunications operators in Africa. They have established theirselves as the number one provider in Gambia and Sierra Leone and are rapidly growing our newer operations in Democratic Republic of the Congo (DRC) and Uganda, where we purchased Orange Uganda. Africell Holding owns 100% of Africell’s operations in Gambia, Sierra Leone, DRC, and 98.99% of Africell Uganda. The total number of active subscribers reached 11 million by end of 2016. All four operations offer voice and 3G data services with plans to deploy LTE services, which are already available in Kampala, Uganda.

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 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.

Taptap Send is an app that lets immigrants send money back home to Africa instantly and at very low prices. Since launching in summer 2018, it has already moved tens of millions of dollars and reached tens of thousands of customers. It is live in seven European countries, and support payments into Senegal, Mali, Zambia, Ghana and the Ivory Coast, with more countries launching soon.

Axxela Limited is a natural gas distribution company based in Lagos, Nigeria, that focuses on developing gas and power infrastructures across West Africa. Originally established as Oando Gas and Power Limited in 2001, the company rebranded to Axxela Limited in October 2017. Axxela operates a comprehensive gas distribution network that includes pipeline gas, compressed natural gas (CNG), and liquefied natural gas (LNG), as well as captive power services featuring high-pressure transmission pipelines and gas processing facilities. By providing these services, Axxela aims to help clients meet their natural gas requirements while minimizing emissions of carbon dioxide, nitric oxide, and sulfur oxide through a transition to cleaner energy sources.

Africell was established in 2001 in Africa and has been shaped by traditional African values, putting the communities in their markets at the heart and soul of our business. Connecting and empowering local communities lies at the very core of our strategy. Africell is one of the fastest-growing mobile telecommunications operators in Africa. They have established theirselves as the number one provider in Gambia and Sierra Leone and are rapidly growing our newer operations in Democratic Republic of the Congo (DRC) and Uganda, where we purchased Orange Uganda. Africell Holding owns 100% of Africell’s operations in Gambia, Sierra Leone, DRC, and 98.99% of Africell Uganda. The total number of active subscribers reached 11 million by end of 2016. All four operations offer voice and 3G data services with plans to deploy LTE services, which are already available in Kampala, Uganda.

Starsight provides captive power and energy efficiency solutions to commercial, multi-site clients in Nigeria through long-term contracts.

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 provides off-grid solar solutions primarily for African markets, focusing on Tanzania, Rwanda, Ghana, and the Ivory Coast. The company offers solar home kits that can be either leased or purchased, utilizing a pay-as-you-go micro-finance model that accommodates various income levels. By employing advanced solar, battery, and power electronics technology, Zola Electric delivers renewable energy systems tailored to the needs of individual households and businesses in rural communities. Since its inception in 2012, the company has powered over 180,000 homes and businesses. Formerly known as Off-Grid Electric Tanzania Limited, it rebranded to Zola Electric in July 2018 and has established its headquarters in Arusha, Tanzania, with an additional office in San Francisco, California. The company has garnered recognition through various awards and has attracted investment from notable firms, including Tesla and EDF.

The Quantum Group, a company based in Ghana with vertically-integrated operations in the transportation and logistics of refined petroleum products.

Axxela Limited is a natural gas distribution company based in Lagos, Nigeria, that focuses on developing gas and power infrastructures across West Africa. Originally established as Oando Gas and Power Limited in 2001, the company rebranded to Axxela Limited in October 2017. Axxela operates a comprehensive gas distribution network that includes pipeline gas, compressed natural gas (CNG), and liquefied natural gas (LNG), as well as captive power services featuring high-pressure transmission pipelines and gas processing facilities. By providing these services, Axxela aims to help clients meet their natural gas requirements while minimizing emissions of carbon dioxide, nitric oxide, and sulfur oxide through a transition to cleaner energy sources.

Zola Electric provides off-grid solar solutions primarily for African markets, focusing on Tanzania, Rwanda, Ghana, and the Ivory Coast. The company offers solar home kits that can be either leased or purchased, utilizing a pay-as-you-go micro-finance model that accommodates various income levels. By employing advanced solar, battery, and power electronics technology, Zola Electric delivers renewable energy systems tailored to the needs of individual households and businesses in rural communities. Since its inception in 2012, the company has powered over 180,000 homes and businesses. Formerly known as Off-Grid Electric Tanzania Limited, it rebranded to Zola Electric in July 2018 and has established its headquarters in Arusha, Tanzania, with an additional office in San Francisco, California. The company has garnered recognition through various awards and has attracted investment from notable firms, including Tesla and EDF.

OVH Energy, is the second largest downstream fuels company in Nigeria.

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.

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 Limited (“ARM Pensions”), a subsidiary of ARM. ARM Pensions is Nigeria’s largest independent pension fund manager.

MallforAfrica is an online mall that enables Africans to find and purchase items from international retailers. Its online platform and payment system gives its users access to numerous retailers from the U.S. and U.K. MallforAfrica was launched by Chris Folayan in June 2012 and its operations are based in Kano.

Eland Oil & Gas PLC, together with its subsidiaries, engages in development, exploration, and production of oil and gas properties in West Africa. The company primarily holds interests in the OML 40 license, which covers an area of 498 square kilometers located in the Niger Delta; and a 40% interest in the Ubima field that covers an area of 65 square kilometers located in the northern part of Rivers State. It also provides financing services. Eland Oil & Gas PLC was founded in 2009 and is headquartered in Aberdeen, the United Kingdom. As of December 17, 2019, Eland Oil & Gas PLC operates as a subsidiary of Seplat Petroleum Development Company Plc.

Interswitch is an Africa-focused integrated digital payments and commerce company that specializes in facilitating the electronic circulation of money and the exchange of value among individuals and organizations. Founded in 2002, the company initially operated as a transaction switching and electronic payments processing entity. Interswitch builds and manages payment infrastructure, offering innovative payment products and transactional services across the African continent. Its services are designed for banks, institutions, and government agencies, helping clients reduce costs, enhance operational efficiency, and promote sustainable revenue growth.

First City Monument Bank (FCMB) Ltd is a full service banking group, headquartered in Lagos, Nigeria with the vision to be the Premier Financial Services Group of African origin.

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.