Partner, African Capital Alliance
Following a successful career in the oil & gas industry, Afolabi joined African Capital Alliance in 1999. He was responsible for ACA’s investment and other related activities in the oil & gas sector until mid 2013. Afolabi has worked with many of ACA’s investee companies in various value-adding roles including serving on boards and providing interface with the oil & gas industry. He currently leads ACA´s growth efforts for sub-Saharan African markets.
Prior to joining ACA, Afolabi had over 20 years experience in the oil & gas industry. His previous experience was mostly with the Nigerian National Petroleum Corporation (NNPC), where he served in various capacities culminating in being appointed Group Executive Director for the downstream operations in 1995. While employed with NNPC, he was seconded at different times to OPEC, Mobil USA and Total France. Afolabi, a Fellow of the Nigerian Society of Engineers, holds a Bachelor’s degree in Chemical Engineering and post-graduate certificates in petroleum economics and management.