An edition of the WorldPensionSummit

27-28 SEPTEMBER | Africa Special

The only platform 'for and by' Pension Professionals, exchanging knowledge and innovative ideas on securing sufficient pension provision. 

 

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Heirs Holding

Heirs Holdings (HH) is an African proprietary investment company with interests in financial services, energy, agri-business, oil & gas, real estate & hospitality and healthcare. Its operations are rooted in the economic philosophy of Africapitalism which proposes private sector-led long-term investment in Africa by Africans. It carries out philanthropic work through the The Tony Elumelu Foundation, named after its Founder and Chairman of the group.  It is the major shareholder in the Transcorp (Transnational Corporation of Nigeria) conglomerate.

Heirs Holdings was established in 2010 by businessman and philanthropist, Tony O. Elumelu, CON upon his retirement in 2010 from the United Bank for Africa (UBA) Plc, where he had been its erstwhile Group Managing Director. The group has expanded its scope of investments from Nigeria to other parts of Africa and the rest of the world.

Heirs Holdings makes investments based on the economic philosophy of Africapitalism, as espoused by Elumelu. Its investment activities and operations are intended to create value for the business and its stakeholders, as well as have a positive, long-term social impact.

The company has stated that it aims for all its businesses to rank among the top three in their sectors.

 

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