© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.
Posted 23rd July 2015

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

Spice Private Equity & Helios Investment Partners acquire Africa Oil Corporation.

View Biography
Image

Spice Capital, the Swiss private equity company that targets investments in the Asia Pacific, Sub-Saharan Affrica and Latin America,  has invested $5 million alongside Helios Investment Partners for a significant minority stake in Africa Oil Corporation, an East African exploration and production company. The size and structure of the stake were not disclosed.

Africa Oil Corporation (AOC), which has a dual listing on the Toronto and Nasdaq Stockholm Stock Exchanges, is an East African-focused oil company with footprint covering 7 oil blocks across Kenya and Ethiopia. AOC’s operating partner is Tullow, the leading E&P group with a long standing presence in Africa. AOC’s management team is backed by the Lundin Group, a successful investor in both the sector and the region.

Spice Private Equity has a long standing relationship with Helios’ principals and it has made a commitment to its current fund. This investment is the firm’s frist co-investment on the sub-Saharan region following its recent strategic repositioning.

Categories: M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Entertainment and Media: The Speeding Edge of the Digital Revolution Package
Innovation
19/10/2015Entertainment and Media: The Speeding Edge of the Digital Revolution Package

Founded in 2014, Dunaud Clarenc Combles & Associes brings together private and public experience and a culture of industry expertise and customised consulting, with an identity and a reputation formed through our work in the areas of litigation, institutional

Read Full PostRead - Eye Icon
Brompton CEO William Butler-Adams: ‘You Need to Recruit People Better Than You’
News
26/08/2026Brompton CEO William Butler-Adams: ‘You Need to Recruit People Better Than You’

In this exclusive interview with the Inspirational Leadership Speakers Agency, William explains why humility matters in leadership, why box-ticking courses fail to develop people and how manufacturers can find the right mix of AI, robotics and skilled human wo

Read Full PostRead - Eye Icon
Understanding Personal Injury Legal Services
News
27/05/2024Understanding Personal Injury Legal Services

When we hear the term “personal injury,” we often think of obvious physical wounds like broken bones, cuts, or bruises. However, personal injury cases encompass much more than just visible harm. Personal injury law recognizes that accidents and neg

Read Full PostRead - Eye Icon
Almost Two Thirds of UK Companies Report Higher Revenues Than Last Year
Finance
16/04/2015Almost Two Thirds of UK Companies Report Higher Revenues Than Last Year

64% of UK companies have reported higher or much higher revenues than a year ago, in a new survey commissioned by American Express.

Read Full PostRead - Eye Icon
Crafting Tailored Messages: How Customization Elevates Campaign Outcomes
News
22/09/2023Crafting Tailored Messages: How Customization Elevates Campaign Outcomes

In the bustling arena of modern marketing, every brand is in a race to capture the audience’s attention. Amidst this noise, how does one make their message resonate with the audience? The key lies in customization. By embracing personalized marketing, br

Read Full PostRead - Eye Icon
Integrating Knowledge Management into Business Growth Strategies
Strategy
20/10/2025Integrating Knowledge Management into Business Growth Strategies

Knowledge is one of the most valuable assets that a company can possess in today’s fast-paced business environment. From internal processes to customer insights, businesses generate and consume large amounts of data every day. But simply possessing this

Read Full PostRead - Eye Icon
Why Cash Visibility Is the Missing Link in a High-Interest-Rate Environment
Finance
03/12/2025Why Cash Visibility Is the Missing Link in a High-Interest-Rate Environment

Every financial decision today carries greater weight and incurs higher costs. Borrowing has become more expensive, liquidity risk has increased and investors are becoming increasingly unforgiving of missteps.

Read Full PostRead - Eye Icon
2016 First Quarter Update – Haviaras & Philippou
Innovation
08/06/20162016 First Quarter Update – Haviaras & Philippou

Based in Cyprus, Haviaras & Philippou L.L.C. are a highly regarded law firm who have built their reputation through consistently providing outstanding services for their clients.

Read Full PostRead - Eye Icon
CFO of the Month
Leadership
19/07/2016CFO of the Month

In a special feature interview with Theresa E. Wagler, a highly seasoned professional of Steel Dynamics, she gives fascinating insights into her broad yet vital and fascinating role as CFO of this company.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow