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Heirs Holdings Introduces Heirs Technologies Limited to Drive Africa's Digital Transformation

Heirs Holdings, the renowned African investment firm founded by Tony Elumelu, has unveiled its latest venture, Heirs Technologies Limited. This new subsidiary is poised to spearhead Africa's digital evolution by offering innovative solutions tailored to local needs. With a diverse investment portfolio spanning sectors such as power, energy, finance, hospitality, real estate, healthcare, and now

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Heirs Holdings, the renowned African investment firm founded by Tony Elumelu, has unveiled its latest venture, Heirs Technologies Limited. This new subsidiary is poised to spearhead Africa’s digital evolution by offering innovative solutions tailored to local needs.

With a diverse investment portfolio spanning sectors such as power, energy, finance, hospitality, real estate, healthcare, and now technology, Heirs Holdings operates in twenty-four countries globally. Tony O. Elumelu, CFR, expressed the significance of this milestone, stating, “The introduction of Heirs Technologies marks a significant milestone in our journey towards accelerating progress for future generations across Africa. Technology has the power to catalyse development, and we are committed to harnessing this potential to unlock innovations that will improve lives and transform our continent.”

Heirs Technologies aims to empower businesses by delivering cutting-edge solutions, leveraging global expertise, and enhancing local capacity and value. Its offerings include IT consulting, covering advisory services, business transformation, system integration, licensing, and partnerships. Additionally, the company will provide managed services encompassing IT operations and business process outsourcing.

To realize its vision of positioning Africa as a leader in the global technology landscape, Heirs Technologies plans to invest strategically in advanced technological solutions and develop platforms for stakeholder collaboration. Central to its strategy is the development of local talent through tailored skills development programs.

Obong Idiong, appointed as Chief Executive Officer of Heirs Technologies, brings a wealth of experience in the technology sector. Previously serving as MD/CEO at Africa Prudential Plc, he led the digital transformation of registrar services, positioning the company as agile and technology-driven. Idiong’s leadership roles include positions at United Bank for Africa Plc and the group holdings company.

Reflecting on his new role, Idiong remarked, “We are proud to bring Heirs Holdings’ core values and business approach to the tech sector, leading with excellence, execution, and enterprise. We are committed to bridging an enormous gap in the technology ecosystem by delivering local relevance to a global market and offering cutting-edge solutions to enable our customers to become more competitive.”

Dr. Fumbi Chima, appointed as Chairperson of Heirs Technologies, brings extensive experience from global companies such as Adidas, Fox Network Group, and Walmart Stores Inc. Asia. Commenting on her appointment, Dr. Chima expressed optimism about the company’s potential to drive impactful change in Africa, leveraging her technology leadership experience to improve lives and transform the continent. a

News & OpinionAfrican startups
Greg Stewart

Reporting for Business Tech Africa on the funding, tools and strategy shaping the continent's founders and SMEs.

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