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HELIOS INVESTMENT ACQUIRES OANDO STAKE

The employees of Oando identified that despite the financial contributions and efforts made by the public and private sector as well as Non-Governmental Agencies (NGOs) in feeding the less privileged there is still a huge gap between those who are in dire need and those who are eventually reached and fed.
Helios Investment Partners has acquired Axxela Limited, a Sub-Saharan African gas and power portfolio company. Helios Investment had a majority stake in Axxela before Oando's decision to divest its investment in Axxela.