Africa50 infrastructure fund has appointed Opuiyo Oforiokuma, an infrastructure specialist with more than 30 years of experience in the United Kingdom, Americas, Asia and Africa, as the head of strategy and investor relations.
Oforiokuma joins Africa50 with experience with business strategy, operations and financial management, fundraising, investor and media relations, project development and financing, and mergers and acquisitions.
Prior to Africa50, he worked as managing director and CEO of the ARM-Harith Infrastructure Fund for seven years, leading and overseeing equity investments in West African transport, energy and utilities projects.
He also served for six years as the managing director and CEO of Lekki Concession Company, a Nigerian toll road infrastructure provider.
Oforiokuma holds a Bachelor of Science in accounting and financial management from the University of Buckingham and is trilingual in English, French and Spanish.
In his new role, he will lead fundraising and development of investor relations with public and private partners and shareholders worldwide.
Africa50 mobilizes funds from African states, international financial institutions, and institutional investors including pension and sovereign wealth funds, insurance companies and other private sector entities, according to the fund’s website.
It operates as a commercial financial institution, seeking to provide an attractive return to investors.
