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Sectors

Where We Build

BNH deploys permanent capital across seven sectors, each chosen for its structural alignment with Africa’s long-term development trajectory. We do not invest in businesses; we build platforms: operating companies with defensible market positions, professional governance, and defined paths to scale across multiple African countries.

Each sector below reflects a structural conviction, not a financial opportunity. We build in these sectors because Africa’s long-term trajectory demands the institutions we are building, and because permanent capital is the right instrument to build them.

01

Energy

Africa’s energy deficit is structural, not cyclical. 600 million people on the continent remain without reliable electricity access. The transition from fossil to renewable energy is simultaneous with the imperative to expand access to those currently unserved. BNH builds energy infrastructure across the full transition spectrum, from renewable generation and gas infrastructure to power distribution and energy services. We build for African governments and African consumers, with operating models designed to be replicable across multiple markets.

02

Technology and Sovereign Digital Infrastructure

African governments are moving decisively toward domestically governed digital infrastructure. Controlling national data, deploying AI within national frameworks, and building digital services on locally governed platforms is one of the most durable procurement mandates available to a technology institution operating in Africa. BNH builds sovereign technology platforms for government deployment: data infrastructure, enterprise systems, and digital services designed to replicate across African jurisdictions. Our technology platform is proprietary, not resold.

03

Mining and Natural Resources

Africa holds a disproportionate share of the world’s critical mineral reserves, the raw materials of the global energy transition, the digital economy, and advanced manufacturing. BNH builds mining and mineral processing operations with the governance standards required to attract international co-investment and development-finance funding. We operate with environmental and community frameworks commensurate with long-term licence to operate. Our mining operations are permanent positions, not short-term extraction.

04

Real Estate and Construction

Africa’s urbanisation is one of the largest demographic phenomena of the twenty-first century. Its urban population grows from about 700 million today to roughly 1.4 billion by 2050. The real estate and property development platform BNH operates is anchored in Nigeria’s premium commercial and residential markets, with a development and asset management capability designed to scale as the continental urbanisation thesis develops.

05

Agriculture

Africa holds close to 60% of the world’s uncultivated arable land, yet must feed 2.5 billion people by 2050. The constraint is not agricultural capacity; the land exists. What is missing is the infrastructure that turns raw output into market-ready food: processing, cold chain, logistics, and institutional finance. BNH builds that infrastructure layer: commodity-processing facilities, cold chain and logistics platforms that connect producers to markets, and agricultural finance vehicles that provide working capital to commercial farmers at institutional rates. Our objective is not to own farmland; it is to own the value-adding infrastructure through which Africa’s agricultural productivity is converted into economic value. These are long-horizon positions, built to compound as the continent’s food systems formalise.

06

Finance

Financial services in Africa remain shallow relative to the economies they serve, across banking, insurance, consumer and SME credit, pensions, and payments. BNH builds licensed financial-services operating companies in these markets, entering where the structural opportunity is clearest and the regulatory path most accessible: insurance and technology-enabled lending first, then institutional banking over time. Alongside these operating businesses, BNH builds a Capital and Investment Management platform that intermediates third-party institutional capital into African opportunities. It manages dedicated fund vehicles for African pension funds and development finance institutions first, and for Gulf sovereign wealth funds and global allocators as its track record compounds. The two are deliberately distinct: our financial-services subsidiaries earn a return on capital deployed, while our investment-management vehicles earn a return on capital managed. Both are governed to institutional standard, and both deepen as Africa’s pool of long-term capital grows toward 2050.

07

Manufacturing

Africa imports more than $500 billion in manufactured and higher-technology goods a year that it increasingly has the capacity to produce. The African Continental Free Trade Area creates the unified market that makes domestic manufacturing economically viable at scale for the first time. BNH builds heavy industry and manufacturing platforms in construction materials, industrial inputs, and processed goods, designed to substitute imports across the African consumer market. These are capital-intensive, long-duration positions that suit permanent capital precisely.