Proparco commits to Helios fund
The French DFI has announced an investment in the Helios Climate Fund.
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Proparco has announced an investment in the Helios Climate Fund, the climate-focused fund managed by Helios Investment Partners.
This investment forms part of an expanded strategic partnership between Proparco and Helios Investment Partners. In 2024, Proparco committed $20 million in Helios Sports & Entertainment Group, an investment holding company dedicated to supporting businesses in the sports, cultural, and creative industries with strong ties to Africa.
Françoise Lombard, CEO of Proparco, said: “The Helios Climate Fund seeks to mobilise private capital for Africa’s climate transition, where needs are immense and opportunities for transformation equally significant. By partnering with Helios Investment Partners, Proparco is backing an ambitious strategy that supports the scaling up of African companies while delivering measurable climate, economic, and social benefits.”
The Helios Climate Fund has completed its second closing, bringing total commitments to approximately $250 million. The fund brings together development finance institutions – including the European Investment Bank, FMO, British International Investment, the Swiss Investment Fund for Emerging Markets (SIFEM), Swedfund, and the Belgian Investment Company for Developing Countries – alongside private investors such as InfraCo, Standard Bank and the Emerging Markets Climate Action Fund.
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