Energy Opportunities in Sub-Saharan Africa

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Oct. 10 (Bloomberg) -- Tony Elumelu, executive chairman of Heir Holdings, discusses investing in Africa's energy infrastructure. He speaks with Trish Regan on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Of all of the sectors that you invest in, you are one of the biggest in this space.

Is this where you put most of her focus?

Trish, good to meet you.

We invest in a couple of sectors.

Oil and gas is one but more importantly, this is where we have invested significantly in the the facilities in nigeria.

We have an oilman gas plant where capacity is 1000 megawatts currently but we want to quickly move the generation back to that amount.

I know you have talked about africa little as him.

-- africa-capitalism.

There are lots of opportunities at this point in time.

Africa is now $1.2 billion -- 1.2 billion people.

This is a huge opportunity for those under the age of 35 and investing in africa.

It is 20% of the population.

We have huge capacity for investors.

We see this opportunity and we are taking advantage of that.

We see a way to develop africa.

It's very exciting and we are excited to be there with bloomberg tv africa.

Coming up, the ceo of hains.

This text has been automatically generated. It may not be 100% accurate.


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