Solomon Jirgba
February 12, 2025 at 07:39 AM
Tony Elumelu speaks on the reason why investing in Africa is the best thing you can do for yourself as an investor.
Let’s hear him:
Why is the perception of risk towards Africa so skewed?
As an investor with a diversified portfolio across 4 continents—from power to oil & gas, financial services, and healthcare—I can tell you one thing: nowhere else offers the kind of ROI than Africa does.
Take our Heirs_Holdings Group, for example. We have the capacity to generate 2,000MW of electricity daily, and today, with available capacity of circa 1000MWs-That’s transformative impact and significant value creation on a continent where energy access remains a key challenge.
Africa’s greatest asset? Its people. With a median age of 19 and 65% of our 1.5 billion population under 30, we have an unstoppable demographic advantage. This youthful energy is a goldmine for investment, innovation, and economic growth.
Every challenge in Africa—whether it's infrastructure deficit , energy insufficiency , or transportation inadequacy —is an investment opportunity.
The key is identifying these gaps and structuring your approach to mitigate the risks. That’s where the competitive edge lies.