CDC Commits USD100m to Helios IV and Closes USD100m Trade Finance Risk Sharing Facility with SocGen

Source(s): Engineering News | Société Générale

CDC Group has made a USD100m commitment to Helios Investors IV, a pan-African fund managed by Helios Investment Partners. CDC has also closed a USD100m trade finance risk sharing facility with Société Générale. The facility will support Société Générale’s efforts to increase the limits that it currently provides to local banks and extend limits to new banks in Africa. Read more here and here.