United States, July 10 -- In a significant move to accelerate job creation and enhance the competitive sports and entertainment sector in Africa, IFC, a member of the World Bank Group, and Proparco, a subsidiary of the Agence Francaise de Developpement Group (AFD Group), today announced an equity investment of up to $50 million in Helios Sports and Entertainment ("HSEG"), an investment vehicle dedicated to sport, media and entertainment across Africa.The investment is part of a broader effort by IFC and Proparco to strengthen Africa's creative industries sector, one of the most promising for expanding private sector-led job creation and economic opportunities. The financing will target key segments including sports intellectual property rig...