Africa PT BV (Africa Tel)

Angola Communications and IT Services

Africa PT is a holding company aggregating all the sub-Saharan African telecommunications assets of the Portugal Telecom Group. Its operating subsiadiaries comprise of mobile operations, fixed line operations, and internet services providers.

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

We are invested in Africa PT BV (Africa Tel) through Helios Investors LP, which is managed by Helios Investment Partners. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa, Central Africa
Countries:
Angola
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Communications and IT Services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
Helios Investors LP
Fund Manager:
Helios Investment Partners
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
August 2007