Oforiokuma, ARM-Harith CEO, former  LCC chief, joins Africa50 

Opuiyo Oforiokuma, a Nigerian born British national and an infrastructure specialist and former chief executive officer of Lekki Concession Company (LCC), has been appointed to head strategy and investor relations at the Africa50, a pan-African infrastructure investment platform capitalized by the African Development Bank (AfDB), 27 African countries, and two African central banks.

According to Fleur Tchibota, head of communications at Africa50, Oforiokuma is an infrastructure specialist with over 30 years of experience in the UK and Europe, the Americas, Asia, and Africa.

He has a wide-ranging career, having worked in business strategy, operations and financial management, fundraising, investor and media relations, project development and financing, and mergers and acquisitions. Prior to joining Africa50, he was managing director/CEO of the ARM-Harith Infrastructure Fund for seven years, leading and overseeing equity investments in West African transport, energy, and utilities projects.

Oforiokuma was the chief executive officer of Lekki Concession Company, a Nigerian toll road infrastructure provider for six years. He also worked for two years as a vice president at American Water, business performance director at Thames Water for Latin America for two years.

For over 12 years, Oforiokuma functioned in various roles, including finance director of the international division at Thames Water, the UK’s largest privatized water utility.

A chartered accountant, he holds a BSc in Accounting and Financial Management from the University of Buckingham. He speaks English, French, and Spanish.

According to Alain Ebosissé, chief executive officer of Africa50, “Opuiyo is taking over one of our key units, strategy and investor relations where he will lead fundraising and development of investor relations with public and private partners and shareholders worldwide. With his extensive experience across finance, management, and project development, he has the skills to assure that our pool of shareholders and investors will continue to grow.”

Oforiokuma said he looks forward to using his experience in various infrastructure sectors and investor relations to further the important work of Africa50 by increasing its reach across the continent and beyond.