Standard Bank extends R479m facility to Helios

Standard Bank extends R479m facility to Helios

Helios Towers operates one of Africa’s independent telecommunications tower platforms. Standard Bank, Africa’s largest bank by assets and market capitalisation, has partnered with Helios Towers to provide a $29 million (R479 million) Social Documentary Credit Facility. According to the financial services company, this transaction marks Standard Bank’s first Documentary Credit Facility structured in a Sustainable…

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Africa: Helios Expands Bet On Africa’s Creative Sector With m Fund

Africa: Helios Expands Bet On Africa’s Creative Sector With $75m Fund

TLDR Helios Investment Partners is scaling up its presence in Africa’s creative sector with a new $75 million fund targeting sports and entertainment The London-based private equity firm’s specialist arm secured $50 million in equity from development finance institutions to support the strategy Helios’s strategy builds on its 2021 investment in NBA Africa, which valued…

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