Heirs Holdings Portfolio Companies Recognised as Africa’s Fastest-Growing Companies by Financial Times

Heirs Life Assurance ranked 7th in Africa; Redtech and Heirs General Insurance also secure Top 50 positions

Heirs Holdings has announced that three of its portfolio companies, Heirs Life Assurance Limited, Redtech Limited, and Heirs General Insurance Limited, have been recognised in the Financial Times Africa’s Fastest-Growing Companies 2026 ranking, with all three companies placing within the Top 50 across the continent.

The rankings, published by the Financial Times in partnership with Statista, recognise African companies demonstrating exceptional revenue growth, innovation and business expansion across industries.

Heirs Life Assurance, ranked 7th in Africa, with a Compound Annual Growth Rate (CAGR) of 147.85%; Redtech, ranked 32nd with a 69.66% CAGR; and Heirs General Insurance, 41st in Africa, with a 60.02% CAGR.

The recognition reinforces Heirs Holdings’ commitment to building businesses that are driving economic transformation, accelerating innovation and improving lives across Africa through long-term strategic investments rooted in Africapitalism.

Speaking on the recognition, Heirs Holdings Group CEO, Emmanuel Nnorom remarked, “This recognition by the Financial Times reflects the resilience, innovation and ambition of our portfolio companies, and the exceptional teams driving their growth. Beyond financial performance, these businesses are creating real impact by expanding access, enabling economic participation, driving innovation and helping shape Africa’s future.”

Members of the Heirs Insurance Group, Heirs Life Assurance and Heirs General Insurance have continued to redefine insurance innovation in Africa. Recently, the Group launched Nigeria’s first multi-language GenAI insurance assistant, marking a major milestone in digital insurance transformation and customer accessibility within the African insurance industry.

Redtech continues to strengthen financial infrastructure and payment accessibility across Nigeria. The company recently partnered with MoMo PSB and UBA Group to expand merchant payment access across the country, further deepening financial inclusion and digital commerce adoption.

The partnership announcement follows Redtech processing over $20 billion in financial transactions in the last year alone, highlighting the scale, trust and infrastructure capability the company has built within Africa’s fast-evolving payments ecosystem.

United Capital Plc, another company within the Heirs Holdings Group, had previously featured on the Financial Times list for four consecutive years, from 2022 to 2025.

As Heirs Holdings marks another milestone through the success of its portfolio companies, the Group reaffirmed its commitment to investing in businesses and sectors that unlock opportunities, create sustainable value and contribute meaningfully to Africa’s economic transformation.

About Heirs Holdings

Heirs Holdings is a leading pan-African investment company. Its investment portfolio spans the energy, power, banking, insurance and financial services, technology, real estate, hospitality and healthcare sectors, operating in twenty-four countries worldwide.

Heirs Holdings is inspired by Africapitalism, the belief that the private sector is the key enabler of economic and social wealth creation in Africa. Driven by this philosophy, Heirs Holdings invests for the long-term, bringing strategic capital, sector expertise, a track record of business success, and operational excellence to its portfolio companies.