Eland Oil & Gas

Nigeria Others

Eland is a start-up oil & gas exploration and production company operating in Nigeria. Eland s focus is on acquiring producing assets, specifically assets being divested by International Oil Companies. It listed on AIM in September 2012.

We are invested in Eland Oil & Gas through Helios Investors II, 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


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

Africa, West Africa

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.

Investment type

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

Intermediated investment
Helios Investors II
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 2012

This is the investee company’s place of incorporation; or a fund’s jurisdiction.