The OPIC Blog

Featured photo: Helios Investment Partners, winner of OPIC Impact Award for Private Equity

Nicholas Aoama Oyiek and employees

Nicholas Aoama Oyiek, who owns a garage employing 20 people in Nairobi, is just one of the small business owners who have benefited from the support of Helios Investment Partners LLC, a private equity firm that is managed by Africans and invests exclusively in businesses in Sub-Saharan Africa. His success also helps illustrate the impact of OPIC’s support for emerging market private equity firms.

OPIC selected Helios as co-manager of its $110 million Modern Africa Growth Fund and later provided $50 million of financing for the Helios Investors II Africa Fund. That fund, in turn, invested in various African businesses including Equity Bank, Kenya’s largest bank, which focused on serving individuals and small businesses who has previously lacked access to finance. Oyiek built his business with the help of loans from Equity Bank.

In March, OPIC Awarded Helios an OPIC Impact Award in the Private Equity category.


Share and Enjoy

  • Facebook
  • Twitter
  • Google Plus
  • RSS
  • Email

Related Post

The words say it all: OPIC’s team describes OPIC

Creative. Collaborative. Nimble. Efficient. Effective. Innovative. These are some of the words OPIC’s employees used most often to describe the...

A vision of growth in West Africa

ContourGlobal’s Cap des Biches power plant in Senegal. Credit: U.S. Embassy Dakar By: Subha Nagarajan, OPIC Managing Director of West...

Featured photo: A mother prepares the family meal on a clean cookstove

This mother in Kumasi, Ghana handily operates a large cookstove made by Envirofit International, which is using OPIC financing to...