PAC Holdings targets growth, marks 20th anniversary

PanAfrican Capital Holdings Limited has unveiled a renewed vision to drive Africa’s economic growth as it celebrates its 20th anniversary.

The milestone was commemorated at a media parley in Lagos, where the group’s leadership reflected on its evolution and outlined strategic ambitions for the continent’s development.

Founded in 2006 through the aggregation of legacy subsidiary businesses of Spring Bank to establish Spring Capital, PAC Holdings has transformed from a focused financial services platform into a diversified proprietary investment group.

The firm currently operates across seven sectors, including financial services, real estate and infrastructure, technology and payment systems, agro-allied and FMCG, healthcare, hospitality and entertainment, and renewable energy.

Speaking at the event, the Group Managing Director, Chris Oshiafi, said the 20th anniversary presented an opportunity to reflect on the firm’s foundations and prepare for its next growth phase.

“Twenty years gives us an opportunity to reflect on where we started, what we have built and, most importantly, what the future requires of us,” Oshiafi said.

He noted that unlocking Africa’s vast economic potential requires strategic capital, institutional strength, and long-term value creation.

“Our ambition is to continue building businesses and solutions that contribute meaningfully to Africa’s economic development,” he added.

According to him, the anniversary theme, “Igniting Africa’s Future,” aligns with the group’s mandate to foster collaboration among investors, businesses, governments, and entrepreneurs.

Also speaking, the Deputy Group Managing Director, Sina Alimi, stated that the firm’s growth trajectory was shaped by strategic partnerships and disciplined capital deployment.

“Our story is not simply about the number of years we have existed. It is about the people, partnerships, businesses and opportunities that have shaped the institution,” Alimi said.

He emphasised that the group remains focused on identifying early-stage opportunities and scaling enduring enterprises across African markets.

On his part, the Group Executive Director, Eric Okoruwa, disclosed that PAC Holdings has facilitated financial transactions across more than 35 countries over the past two decades.

He noted that the interventions spanned banking, infrastructure, telecommunications, energy, and healthcare, helping to boost investor confidence across emerging and frontier markets.

Similarly, Group Executive Director, Nentok Gomwalk, highlighted that the company’s next phase would prioritise strategic capital allocation and enterprise strengthening under its “SCALE 2030” framework.

Gomwalk added that the initiative would guide the group’s operations toward sustained growth, market relevance, and deeper economic impact across the continent.