Elumelu Backs $15bn Infrastructure Investment Drive Across West Africa

THISDAYLIVE | 18-10-2026 03:44am |

Heirs Holdings Chairman Tony Elumelu is supporting efforts to assemble a $15 billion portfolio of infrastructure projects across West Africa. The initiative is being developed ahead of the inaugural West Africa Integration and Investment Summit in Sierra Leone next month. Elumelu, who co-chairs the summit, disclosed the plans in an emailed response to Bloomberg. Potential financiers include United Bank for Africa, Afreximbank, Africa Finance Corporation, and Africa50, with priority sectors comprising energy, trade, industrialisation, strategic minerals, agriculture, and digital infrastructure.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.