Odu'a Investment Company Limited
Overview
Odu'a Investment Company Limited is a strategic investment and asset management firm based in Nigeria. Founded in 1976, it was established to manage the industrial and commercial assets of companies owned by the government of the Western State of Nigeria. The company operates as a holding entity, overseeing a diverse portfolio across various sectors, including real estate, financial services, agriculture, energy, hospitality, and manufacturing. Its subsidiaries include Wemabod Estates, E&O Power and Equipment Leasing Limited, and Glanvill Enthoven Insurance Brokers, among others. Additionally, Odu'a holds significant interests in associated companies such as Wema Bank and Nigerite. The company's investment strategy focuses on strengthening existing assets, reviving underperforming businesses, and creating new ventures in emerging sectors. This approach aims to enhance returns and ensure sustainable growth. Odu'a has been actively involved in the real estate sector, with developments like the Lagos Airport Hotel and Premier Hotel. In the agriculture sector, it manages over 30,000 hectares of farmland across the Southwest, cultivating crops such as cocoa, maize, and cassava. The company has also ventured into the energy sector, forming partnerships to develop clean energy projects within the West Africa Clean Energy Hub and the South West Corridor of Nigeria. Odu'a's commitment to growth and sustainability is evident in its financial performance. In 2024, the company reported an 81% revenue growth, with operating revenue increasing from ₦3.95 billion in 2023 to ₦7.15 billion in 2024. The total comprehensive income for the same period was ₦82.26 billion, marking a 773% increase from the previous year. These results reflect the company's resilience and adaptability in navigating economic challenges while pursuing growth in critical sectors of the economy.
Investment Focus
- Strong growth potential
- Measurable returns
- Alignment with strategic objectives
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Odu'a Investment Company Limited
What sectors does Odu'a Investment Company Limited invest in?
Odu'a Investment Company Limited invests in Financial Services, Energy, Real Estate, Agriculture, Hospitality and Manufacturing, and is based in Ibadan, Nigeria. Odu'a Investment Company Limited is listed as a institutional investor in the ConnectSafely investor database.
What stage does Odu'a Investment Company Limited invest at?
Odu'a Investment Company Limited backs companies at Growth, Late Stage and Buyout, writing cheques of 1M - 50M.
Which regions does Odu'a Investment Company Limited invest in?
Odu'a Investment Company Limited invests across Nigeria.
Who are the partners at Odu'a Investment Company Limited?
Team members listed for Odu'a Investment Company Limited include Ayetoro Victor (Head of Corporate Affairs Marketing) and Abiodun Olamide Bamiduro (Executive Director And Group Chief Financial Officer).
What companies has Odu'a Investment Company Limited invested in?
Odu'a Investment Company Limited's portfolio includes Wemabod Estates, Glanvill Enthoven Insurance Brokers, Lagos Airport Hotel, E&O Power and Equipment Leasing Limited, Nigerite, Wema Bank, Premier Hotel and South West Agricultural Company (SWAgCo).
How do I contact Odu'a Investment Company Limited?
Odu'a Investment Company Limited's contact details — including 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
