• Helios seeks 75-80% stake in Telecom Egypt’s data center
• Deal values RDH at up to $260M, pending performance targets
• Move expands Helios' data infrastructure portfolio in Africa

British private equity firm Helios Investment Partners has received preliminary board approval from Telecom Egypt for a binding offer to acquire a 75% to 80% stake in the incumbent's regional data center. The announcement was made in a statement published on Monday, September 8, 2025.

The offer values Telecom Egypt Regional Data Hub (RDH) at approximately $230 million on a cash-free and debt-free basis. This valuation could increase to $260 million if certain key performance indicators are met.

The transaction's finalization is contingent on the execution of definitive agreements, the restructuring of RDH into a Telecom Egypt subsidiary, and the satisfaction of a number of other preconditions.

RDH is a multi-phase data center campus in Cairo. Its first phase, launched in 2021, provides around 2.5 megawatts (MW) of IT load and reached full utilization in less than a year. The second phase is designed for a total capacity of approximately 4.6 MW.

The deal will be conducted through Helios Investors V, a fund from the Africa-focused private equity firm targeting a final size of $750 million. The fund primarily focuses on digital infrastructure (data centers, fiber optic networks, telecom towers), financial technology (payment companies, neobanks, financial management software), and consumer goods and services (food and beverage, education, healthcare).

In 2022, Helios Investment Partners acquired majority stakes in Maroc Datacenter (MDC) in Morocco and IXAfrica Data Centre in Kenya to capitalize on the growing demand for data storage and processing services from local and foreign companies. This demand is being driven by the continent's accelerating digital transformation.

Headquartered in London with offices in Nairobi, Lagos, and Paris, Helios Investment Partners has over $3 billion in assets under management. Since its launch in 2004, the firm has invested in about 30 African countries. Its current portfolio includes 22 companies after exiting 13.

Walid Kéfi