Helios Investment Partners
Helios Investment Partners, established in 2004, is a London-based private equity firm focused on Africa. It invests in a broad range of sectors, including telecommunications, media, financial services, power, and consumer goods, among others. The firm engages in various investment types such as buyouts, growth equity, and structured investments in listed entities. Helios typically invests between $15 million to $200 million per transaction, with a preference for board seats in its portfolio companies. It primarily targets Nigeria, South Africa, and Kenya.
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.
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.
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.
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.
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