Heirs Holdings
Overview
Heirs Holdings is a family-owned pan-African investment group committed to unlocking Africa’s potential through long-term investments in key sectors that improve lives and transform the continent. The company operates in various sectors, including financial services, power, energy, real estate and hospitality, healthcare, and technology, with a presence in 24 countries across Africa. Heirs Holdings is inspired by Africapitalism, the belief that the private sector is the key enabler of economic and social wealth creation in Africa. The company invests for the long term, bringing strategic capital, sector expertise, and operational excellence to the companies it invests in. Its philanthropic arm, the Tony Elumelu Foundation, catalyzes entrepreneurship across Africa through the USD $100 million Tony Elumelu Foundation Entrepreneurship Programme, advocacy, and research. The company has made significant investments in various sectors, including acquiring a controlling stake in Transcorp, Nigeria's largest listed conglomerate, and investing in real estate and financial sectors through Afriland Properties Plc, United Capital Plc, and Africa Prudential Registrar Plc. In 2020, Heirs Holdings successfully acquired OML17 from Shell, Total, and Eni in what was termed the largest oil and gas transaction in Africa for the year. The company's leadership includes Tony O. Elumelu, CFR, as Chairman, and Emmanuel Nnorom as Group CEO. Other board members include Dr. Awele V. Elumelu, O.F.R., Alex Trotter, Victor Osadolor, Chiugo Ndubisi, and Chidi Okpala. The management team comprises Emmanuel Nnorom as CEO, Chidi Okpala as Executive Director, Clari Green as Group Head of Marketing and Corporate Communication, and Chinedu Eze as Group Company Secretary/Legal Counsel.
Investment Focus
- Focus on sectors that improve lives and transform Africa
- Long-term investment horizon
- Commitment to Africapitalism principles
- Alignment with Heirs Holdings' strategic objectives
- Potential for significant impact in the African market
- Strong management teams
- Scalable business models
- Sustainable and responsible business practices
- Alignment with Heirs Holdings' values and mission
- Ability to contribute to economic and social wealth creation in Africa
Portfolio Companies
Reach Heirs Holdings directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about Heirs Holdings
What sectors does Heirs Holdings invest in?
Heirs Holdings invests in Financial Services, Technology, Healthcare, Energy, Consumer Goods and Telecommunications, and is based in Lagos, Nigeria. Heirs Holdings is listed as a family office in the ConnectSafely investor database.
What stage does Heirs Holdings invest at?
Heirs Holdings backs companies at Seed, Early Stage, Growth, Late Stage, Buyout and Turnaround, writing cheques of 1M - 50M.
Which regions does Heirs Holdings invest in?
Heirs Holdings invests across Ghana, Kenya, Egypt, Morocco, Algeria and South Africa.
Who are the partners at Heirs Holdings?
Team members listed for Heirs Holdings include Alex Akindumila (Group Chief Information Security Officer) and Olusegun Joseph A. (Chief Technology Officer).
What companies has Heirs Holdings invested in?
Heirs Holdings's portfolio includes United Bank for Africa Plc, United Capital Plc, Africa Prudential Registrar Plc, Afriland Properties Plc, Transcorp Power, Transafam Power, Heirs Energies and Heirs Insurance Brokers Limited.
How do I contact Heirs Holdings?
Heirs Holdings's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
