National
Another Nigerian Billionaire Jets Into Zimbabwe
23 November 2015
Spread the love

Tony Elumelu, the Nigerian entrepreneur and chairman of Heirs Holdings, speaks to AFP in an interview on October 11, 2013 in Washington, DC. Elumelu has promised to invest $2.5 billion in the "Power Africa" initiative of US President Barack Obama which aims to expand energy in sub-Saharan Africa, where some two-thirds of people lack regular power. But a complementary effort in the US Congress has hit a snag in a dispute over requirements that certain US-backed projects be low in carbon emissions blamed for climate change. AFP PHOTO SHAUN TANDON (Photo credit should read SHAUN TANDON/AFP/Getty Images)
Tony Elumelu, the Nigerian entrepreneur and chairman of Heirs Holdings, speaks to AFP in an interview on October 11, 2013 in Washington, DC. Elumelu has promised to invest $2.5 billion in the “Power Africa” initiative of US President Barack Obama which aims to expand energy in sub-Saharan Africa, where some two-thirds of people lack regular power. But a complementary effort in the US Congress has hit a snag in a dispute over requirements that certain US-backed projects be low in carbon emissions blamed for climate change. AFP PHOTO SHAUN TANDON (Photo credit should read SHAUN TANDON/AFP/Getty Images)
Nigerian billionaire, Tony Elumelu, whose networth is close to $1,6 billion is said to have jetted into the country today in pursuit of investment treasures.
He is said to be exploring possible investment opportunities in the fields of agriculture, financial services, insurance and healthcare, among many other business ventures.
Elumelu, is expected to hold several meetings with First Lady Grace Mugabe and various captains of industry, including Reserve Bank Governor, John Mangudya.
Elumelu is an economist, investor and philanthropist, who has massive investments across Africa and is the chairperson of several firms including Heirs Holdings and Nigeria’s largest conglomerate Transcorp.
Elumelu’s visit, sources said has been facilitated by the television personality, Josey Mahachi and her Nigerian husband, Jide, who were instrumental in bringing Nigerian cement magnate Aliko Dangote.(State Media/Bulawayo24)