Heirs Holdings is a family-owned investment holding company headquartered in Lagos, Nigeria with investment interests in various sectors in Africa.[2]
Heirs Holdings was founded in 2010 by Tony Elumelu, CFR after his retirement in 2010 from the United Bank for Africa (UBA) Plc, where he had served as Group Managing Director.[3][4]
In 2011, Heirs Holdings made its first investment by acquiring a controlling stake in Transcorp, Nigeria's largest listed conglomerate.[5][6]
In 2020, Heirs Holdings successfully acquired OML17 from Shell, Total and Eni in what's termed the largest oil and gas transaction in Africa for the year 2020.[10][11][12]
Heirs Holdings' Investments are organised into six verticals: Financial Services, Power, Energy, Real Estate and Hospitality, Healthcare and Technology.[13]
Heirs Holdings’ interests and investment in financial services cuts across banking, insurance, investment banking, asset management and capital market registration.[14][15]
Investment in property development and facility management services.
Investment in power, oil and gas sectors are as follows.
These investments are part of Heirs Holdings’ commitment to USAID's Power Africa initiative.[18]
Investment in health facilities, equipment, and services.[21]
As of March 1, 2025:[22]
