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Helios Towers scraps £2bn IPO

The Africa-based telecoms company said it drew ‘considerable institutional investor interest’, despite the cancellation.

Helios Towers Africa lines up IPO amid strong growth

The London listing is set to value the company – which estimates 78% of its sites are ready for more leases – at around £2bn, including debt.

Denham power fund targets 1GW with African platform

The private equity firm has teamed up with energy developer Themis to invest in natural gas-fired and renewable power generation assets across the continent.

South African renewables fund eyes 600MW after first deployment

Evolution II’s maiden deal comes ahead of an expected $250m final close September this year.

Danish pension-backed $1bn Africa fund set for maiden deal

The AP Moller Capital vehicle has teamed up with UK DFI CDC to place an offer worth $380m for Zambian utility Copperbelt Energy.

AIIM’s third fund buys into $552m Ghana power project

The Old Mutual affiliate joins project partners including Denham Capital and the ARM-Harith Infrastructure Fund.

IL&FS, Islamic Development Bank target Africa with $1bn infra fund

The pair are aiming to catalyse private sector investment following Shariah-compliant principles with the first-of-its-kind vehicle.

Islamic finance falling short in PPP space

At a conference held by the World Bank Group Thursday, officials discussed the challenge of tapping the $2trn market for Shariah-compliant finance to boost infra.

Abraaj enters telecoms space with Tunisia buy

The firm has acquired a 35% stake in Tunisie Telecom, its 10th deal in the country and its first in the sector.

New Sparta launches $250m African renewables fund

The firm’s strategy is aiming to provide an IRR of between 16% and 20% from investments in up to 15 projects.

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