Investment

Nigerian co-founded investment giant Helios targets 49% of Mozambique’s largest flour miller as its $3 billion funds expand deeper into African food

Nigerian co-founded private investment firm Helios Investment Partners has agreed to acquire up to 49% of the holding company behind Merec Industries, Mozambique ’s largest flour milling business. The transaction would give the Africa-focused investment firm a significant minority interest in Stratton Africa Holdings…

Business Insider AfricaBy Ayodeji Adegboyega23 October 2026 at 09:29 UTC · 22h ago

Nigerian co-founded investment giant Helios targets 49% of Mozambique’s largest flour miller as its $3 billion funds expand deeper into African food — Image via Business Insider Africa

Read the full story

Africa Business Review aggregates and summarises reporting from trusted publishers. The full article is published by Business Insider Africa.

Read at Business Insider Africa →

Original headline: “Nigerian co-founded investment giant Helios targets 49% of Mozambique’s largest flour miller as its $3 billion funds expand deeper into African food”

Local Markets