LP proposes $75m investment in Helios fund

The Helios Investors V fund has a target of $750 million.

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The European Investment Bank (EIB) has disclosed a proposed equity participation of $75 million in the Helios Investors V fund, a pan-African private equity vehicle focusing on companies in sectors aligned with the Global Gateway's priorities.

Global Gateway is an EU initiative to reduce the worldwide investment disparity and boost smart, clean and secure connections in digital, energy and transport sectors, and to strengthen health, education and research systems. The key objectives include private sector development, the creation of jobs and supporting local enterprises, including through digitalisation initiatives, across several economic sectors in Africa. The fund will focus on sectors aligned with the Global Gateway priorities.

The fund has a target of $750 million.

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