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Afreximbank Provides $750m Funding To Support Heirs Energy’s Growth Plans

Heirs Energy has secured a $750 million financing facility from the African Export-Import Bank to reinforce its financial position, advance asset development, and improve production efficiency across its oil and gas operations. Market participants say the facility will also enhance the company’s ability to fund new investments and improve operational efficiency amid a tighter global […] The post Afreximbank Provides $750m Funding to Support Heir…

Heirs Energies Secures $750m Afreximbank Funding for Growth

Heirs Energies Limited, a leading homegrown integrated energy company in Nigeria, has landed $750 million in funding from the African Export–Import Bank (Afreximbank) to fuel its sustainable growth plans.  The $750 million facility, finalised at a signing ceremony in Abuja on Saturday, December 20, 2025, with Heirs Energies Chairman Tony O. Elumelu and Afreximbank President George Elombi in attendance, is divided into two parts. One part involve…

Heirs Energies agrees $750m Afreximbank Financing to drive long-term growth (see pix)

This transaction is a powerful affirmation of what African enterprise can achieve when backed by disciplined execution and long-term African

Tony Elumelu’s Heirs Energies Secures $75m from Afreximbank - Thepodiummedia

Heirs Energies, one of the largest indigenous energy companies in Africa, led by Nigerian businessman and one of the continent’s most influential business leaders, Tony Elumelu, has closed a $750 million financing with the African Export–Import Bank (Afreximbank), marking one of the biggest funding deals secured by a locally owned energy producer on the continent. The transaction was signed in Abuja on December 20, with Elumelu, chairman of Heir…

Heirs Energy Secures $750m Afreximbank Facility To Boost Oil Production

Nigeria’s indigenous energy firm, Heirs Energy, has secured a $750m financing facility from the African Export-Import Bank to scale up its oil and gas operations. The deal is expected to lift crude oil production to about 100,000 barrels per day and gas output to roughly 250 million cubic metres. The facility was signed on Saturday in Abuja and is structured to strengthen the company’s upstream operations while supporting Nigeria’s push for ener…

Elumelu’s Heirs Energies secures $750m from Afreximbank

Heirs Energies, one of the largest indigenous energy companies in Africa, led by Nigerian businessman and one of the continent’s most influential business leaders, Tony Elumelu, has closed a $750 million financing with the African Export–Import Bank (Afreximbank), marking one of the biggest funding deals secured by a locally owned energy producer on the continent.The transaction was signed in Abuja on December 20, with Elumelu, chairman of Heirs…