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Heirs Holdings plans more subsidiaries listing

He also stated that the group would be considering listing in other African markets in the future when the environment is right.

“All our businesses in African countries are privately owned. We would like to democratise prosperity by listing them in those markets. Where we have listed, people have benefited significantly from the listing. So, we will initiate public offering in those markets, but at the right time to do so.”

According to Elumelu, in 2010, Heirs Holding set out with a bold vision to actively invest long-term in Africa’s key strategic sectors to unlock Africa’s full potential.

“Through the group’s relentless dedication and resilience, it has demonstrated that an African institution can consistently generate long-term value while leaving a legacy of success across Africa’s most vital sectors.”

“Our journey has been defined by unwavering tenacity, enabling us to seize opportunities and uphold our vision and principles. Most importantly, our efforts have fostered significant social impact, improving the lives of millions and driving inclusion within communities. For us in our Group, it is about three visions, execution, enterprise and excellence,” he explained.

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