DELVE INTO AFRICAN WEALTH
DON'T MISS A BEAT
Subscribe now
Skip to content

Nigerian tycoon Temitope Lawani’s Helios buys stakes in two data centers in Kenya, Morocco

Helios Investment is one of the largest Africa-focused private investment firms.

Temitope Lawani
Temitope Lawani

Table of Contents

Helios Investment Partners, a UK-based private investment group led by Nigerian multimillionaire businessman Temitope Lawani, has entered definitive agreements to purchase controlling holdings in two data centers in Kenya and Morocco on behalf of funds it advises.

Following the completion of the transaction, which is still subject to customary closing conditions and regulatory approvals, the funds advised by the Lawani-led private equity firm will become the majority owner of Maroc Data Center, a Moroccan carrier-neutral data center, and IXAfrica Data Center Limited, a Nairobi-based leading developer and operator of hyperscale-ready data centers.

The move emphasizes Helios’ large-scale investments in North and East African data centers, as the facilities held by Maroc Data Center and IXAfrica will serve as a crucial building component in a bigger Helios’ hyperscale data center platform in the region.

Helios revealed that the next phase of the continent’s telecommunications transformation offers new and significant opportunities in digital infrastructure and that it is well positioned to play pivotal roles in the digital transformations of Morocco and Kenya, respectively, with Maroc Data Center and IXAfrica.

Despite Africa’s data consumption growth being among the fastest in the world, the continent’s data center capacity, a key enabler of digital transformation, remains severely underdeveloped, with additional capacity required to meet latent and future demand, according to the private equity firm.

“Digital infrastructure lies at the center of the dual long-term secular trends of demographics and technology that we believe will power economic growth in Africa over the coming decades,” Tope Lawani, co-founder and managing partner of Helios, said.

He added that by investing in MDC and IXAfrica, Helios is reaffirming its high level of confidence in digital infrastructure investment prospects and strengthening its market-leading sector franchise.

Helios Investment, founded in 2004 by Lawani and Babatunde Soyoye, is one of the largest Africa-focused private investment firms, with a track record ranging from developing start-ups to providing expanding firms with expansion capital and experience.

The firm is led and managed by a primarily African staff based in London, Paris, Lagos, and Nairobi, with the language skills and cultural affinity to engage with local entrepreneurs, managers, and intermediaries on the continent.

The intelligence satisfies curiosity. The paid briefings satisfy strategy.

Every Monday, Elite subscribers receive an Investor Memo breaking down the deal, the structure and the positioning behind the week's most consequential African wealth story - the kind of analysis that doesn't appear anywhere else.

Twice a month, a Wealth Intelligence brief profiles a single billionaire's holdings, cash flows and expansion pipeline in detail no public source matches.

Executive ($25/mo): Daily newsletter + Deep-Dive Reports

Elite ($75/mo): Everything above + Investor Memos + Wealth Intelligence + Quarterly Analyst Briefings

Subscribe now

Latest

African Wealth Briefing — Sun., April 26, 2026

African Wealth Briefing — Sun., April 26, 2026

Michiel Le Roux's Capitec crosses $1 billion in profit for the first time as its client base hits 26 million, and King Mswati III marks 40 years on the eSwatini throne while the sovereign wealth fund meant to benefit the Swazi people operates as his personal family office.

Members Public