Helios Investment Partners, an Africa-focused private-equity firm, is looking to do more deals in SA even as the country grapples with the longest recession since 1992 and the worst power cuts on record.

“It really does seem that the pessimism in SA is becoming overdone,” Tope Lawani, co-founder and managing partner at Helios, said in an interview. “SA, notwithstanding the challenges that it’s having both from the human toll of Covid-19, but also attendant economic challenges, paradoxically is becoming more interesting for us.”..

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