Investment Details
Investor Type
Family Office
Asset Class Focus
Private Equity, Venture Capital, Real Estate, Energy, Financial Services, Healthcare, Technology
Stage Focus
Seed, Early Stage, Growth, Late Stage, Buyout, Turnaround, Distressed
Geographical Focus
Ghana, Kenya, Egypt, Morocco, Algeria, South Africa, Niger, Sudan, Mali, Ethiopia, Nigeria, Uganda, Tanzania, Cameroon, Côte d'Ivoire, Mozambique, Angola, Malawi, Burkina Faso, Madagascar
Industries Focus
- Financial Services
- Technology
- Healthcare
- Energy
- Consumer Goods
- Telecommunications
- Media
- Banking
- Insurance
- Education
- Transportation
- Oil and Gas
- Power
- Agribusiness
- Real Estate & Hospitality
Investment Size:
1,000,000 to 50,000,000 USD
Investor Details Founded: 2010
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.
Requirements
- 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
Contact
[Official Website Hidden]
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Portfolio Companies
- United Bank for Africa Plc
- United Capital Plc
- Africa Prudential Registrar Plc
- Afriland Properties Plc
- Transcorp Power
- Transafam Power
- Heirs Energies
- Heirs Insurance Brokers Limited
- Heirs Insurance Group
- Avon HMO
- Avon Medical Practice
- Transcorp Hotels Plc
- Transcorp Hilton Hotel Abuja
- Transcorp Hotel Calabar
- Transcorp Energy
- Tenoil Petroleum & Energy Services
- Heirs Oil & Gas
- Heirs Technologies Limited
- Quality Foods Africa
- Heirs Towers
Mentioned In
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