JICA has entered an investment agreement with Helios Investment Partners to invest $50 million in Helios Fund V, aimed at developing the African private equity market and enhancing industrial growth.

Target Information

The Japan International Cooperation Agency (JICA) signed an investment agreement on November 12, 2025, with Helios Investment Partners, a prominent private equity (PE) fund in Africa. This venture represents JICA's commitment to supporting Africa's economic growth through significant investment in local enterprises.

This initiative involves a collaborative investment into Helios's fifth fund, a strategic partnership that also includes development finance institutions such as the International Finance Corporation (IFC) and the European Investment Bank (EIB), as well as private investors.

Industry Overview in Africa

Africa's private equity market has been evolving rapidly, characterized by increasing interest from global investors and a growing number of local firms. Despite challenges such as undercapit

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Japan International Cooperation Agency (JICA)

invested in

Helios Investors V, L.P. (Helios Fund V)

in 2025

in a Growth Equity & Expansion Capital deal

Disclosed details

Transaction Size: $50M

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