Heirs Energies Doubles Oil Production to 50,000bpd
Heirs Energies reports doubling oil production to over 50,000bpd and boosting gas output, while acquiring a major stake in Seplat. See how Africapitalism drives Nigeria's energy security.
Category : Search result: Africapitalism
Elumelu's $500M Seplat Deal Signals Bold African Energy Shift
Tony Elumelu's Heirs Energies acquires a 20% stake in Seplat Energy for $500 million. This landmark deal marks a pivotal moment for indigenous participation in Nigeria's oil sector and the rise of Africapitalism. Discover the full story.
TEF Opens 2026 Applications for $5,000 Entrepreneurship Grant
The Tony Elumelu Foundation has opened applications for its 2026 Entrepreneurship Programme, offering $5,000 in non-refundable seed capital, training, and mentorship to African founders. Apply by March 1, 2026.
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