Our Team

Our team comprises of two arms. The first is the fund dedicated team
concerning the fund raising process and investors. The second team is the experience advisory board.

Anhad Narula


Anhad is the Chairman of APPNL and the Chief Executive Officer at AIPF. Prior to that, he was a Director at DSC Africa, a company that owned an EPC business and Asset Management Company involved in equity investments into infrastructure related projects.

Anhad has 20+ years of experience in infrastructure projects including bidding, acquisitions, construction, operations & monetisation and exits. He worked in the DSC Group from 2002 and spearheaded its Africa business in 2011.

Anhad has successfully built out and invested in Africa projects in a short period of time and has intimate knowledge of infrastructure including on-site construction and O&M.

Adeniran Ajakaiye B.Eng, MBA, FCIB, MNIM

Executive Managing Director

Adeniran Ajakaiye (Niran) is the Managing Director / Chief Investment officer of Africa Plus Partners Nigeria Limited and an Investment Committee Member at AIPF. He is a customer-focused manager with over 19 years’ experience in Consulting and Banking industries with key expertise in debt creation, deal structuring, project management, structured finance, VC/PE advisory and investment management.

He has been involved directly in creating debt instruments for major infrastructure projects in Nigeria while working for GT Bank, First Bank, Stanbic IBTC, and Access Bank as the Regional Manager for their Corporate and Investment Banking (CIB) business in South West. He also worked in the USA for Citigroup and Wells Fargo.

Niran has an extensive consulting experience, developed while working for PricewaterhouseCoopers (PwC) USA where he consulted on M&A, compliance and re-engineering projects for some of the largest firms in USA. During this period, he developed a quality consistency testing model, conducted due diligence on asset acquisition in an M&A transaction, managed implementation of system enhancement, completed competitive intelligence report and was seconded as a strategic adviser to manage underperforming firms. Clients includes Citigroup, Wells Fargo, Fannie Mae, Suntrust, Delta Airline, PHH, Wells Fargo, Bank of America etc.

Ayotunde Owoigbe


Ayotunde is a thorough professional lawyer with over 18 years’ work experience and is passionate about achieving set goals and objectives efficiently. Since she joined the Banwo & Ighodalo in 2001, she has been involved in nearly all of the firm’s corporate and project finance, mergers & acquisitions, and banking and securitisation transactions. She currently heads the corporate finance group of Banwo & Ighodalo.

She was chair of the Capital Market Solicitors Association (CMSA) is a member of the Nigerian Bar Association (NBA) and Continuing Legal Education Committee of the Capital Markets Solicitors Association (CMSA)

John Oslen


Mr Olsen has over 20 years of experience in mortgage and real estate financing, trading, brokerage and sales.

He is the Founder and Managing Member of ARC PE, a US-based private equity company into acquisition, lending and merchant services. He has been responsible for all acquisitions and work out of the performing and non-performing mortgage portfolios.



Andy Uche Jibunoh is a seasoned professional builder. He joined the Royal Chartered Institute of Building, United Kingdom in February 1995. Thereafter, he became a Member of the Nigerian Institute of Building in June 2010. Before his appointment as the Managing Director of APD, he was the Executive Director, Operations for Costain (West Africa) Plc. This position had him organize and effectively manage projects for the company all over the country. Some of the clients he delivered projects for included Government Parastatals and major corporate organizations in the country such as Shell Petroleum Development Company, Shell Trustees Nigeria Limited, NNPC and ETF.

His experience effectively started with the construction management division of Costain International UK, as a graduate trainee where he was part of the team that started and finished the construction of a 2000-seater concert hall in Basingstoke Hampshire in the UK.

Thereafter, he worked for 15 years with Costain West Africa. As Managing Partner of Dolphin Works, his expertise has seen the company successfully deliver projects for several notable organizations, some of which are the, GT Bank, Oando, FBN Mortgages, and currently they are the construction managers and technical advisers to Haven Homes, Uraga Real Estate, Stanbic IBTC, Lakepoint Towers, amongst others. He was also the Project Director of the construction of the 10,000-seater Church Auditorium for House on the Rock Church where he actively serves on several committees. He is on the Governing Council of Grange School and also serves as Chair, Construction Skills Sector for the Lagos State Technical and Vocational Education Board.

Dipo Lawore


Dipo leads the deal sourcing and execution drive of Africa Infra Plus Fund.

Dipo originates deals for AIPF I and interfaces first hand with project sponsors. He is also responsible for monitoring the deals on behalf of the Fund from the point of investment through exit.

His experience spans over 7 years with Access Bank Plc and First City Monument Bank Plc in the Commercial Banking division where he was responsible for sourcing, structuring and executing deals for major infrastructure projects in Nigeria. His deal experience spans across projects in the construction, aviation, hospitality, agriculture and extractive industries.

Dipo is a consummate finance professional that brings extensive knowledge in financial analysis and risk management. He is also deft at relationship building, relationship management, negotiation, project management and project monitoring.



Esosa has over 4 years’ experience across diverse service lines including corporate finance. She has passed all three levels of the CFA Programme.

Prior to joining African Plus Partners, she worked as a Senior financial analyst for Venture Garden Group, where she was part of the team that carried out an equity sale of the Group. She has also worked on various infrastructure transactions such as power plants and real estates.

Before joining Venture Garden Group, she worked as an Analyst in Deloitte & Touche, Nigeria where she actively participated in several M&A transaction advisory and corporate finance engagements in diverse industries including financial services, consumer business among others. Her experience includes development of structured financial models, sell side advisory, due diligence advisory and business plan development, among others.



Alex is a finance professional with 8+ years of experience. He is currently in charge of deal analysis, research, fund valuation, capital raising and investor relations at Africa Plus Partners Limited (APP).

Alex was responsible for the set up of deals screening framework and enterprise risk management system for AIPF I. Alex developed and maintains the deals portfolio model of the Fund and manages the investors’ accounts and reporting.

Just before APP, Alex was a Senior Associate with the Financial Advisory unit of Deloitte West Africa. His main role primarily entailed end to end supervision of engagements during execution and closure. He played an active part in the origination of deals through preparation of proposals and other marketing materials,

and supported top management in the deepening and development of the valuation and modelling practice. Core skills acquired and exhibited include buy-side and sell-side due diligence, financial analysis, business valuation and financial modelling.

Prior to joining Deloitte, he worked as an Economist with Oando Energy Resources Inc (OER), a Nigerian Oil & Gas exploration and production company, where he carried out economic appraisals for new ventures, asset valuation during acquisition and divestment negotiations, portfolio optimization, as well as strategy and planning. Core skills acquired and demonstrated include business planning, petroleum economics, Monte Carlo analysis, decision analysis and business development. Before his time in OER, Alex worked with the finance department of Oando downstream having been deployed there in a permanent role subsequent to his successful completion of the one-year Oando Plc Graduate Trainee Programme. At Oando downstream, Alex worked in the treasury management, financial control and financial reporting functions of the company. Core skills acquired and applied include financial reporting, financial analysis and treasury management



Ibraheem is responsible for Finance & Account for Africa Infra Plus AIPF I and its investee companies. He has over eight (8) years cognate experience in business advisory, financial reporting, professional accounting and audit.

He oversees the accountants of the Fund’s investees and prepares the consolidated reports of the Fund. He prepares periodic budgets of the Fund and organises the monthly performance reviews of the Fund and its investees.

Prior to joining APP, Ibraheem worked as senior consultant in the accounting and financial advisory of Deloitte & Touche with responsibility for small to medium sized clients in the financial services, energy, and manufacturing industries. He has provided accounting services, technical accounting opinion, IFRS implementation and quality/regulatory compliance review services to major banks, insurance companies, investment and capital management companies, pension funds, exploration company, oil servicing companies and consumer businesses. Core skills acquired and applied include financial reporting, financial analysis, audit, internal control, compliance review, investment analysis, people management and treasury management.

Before joining Deloitte, he worked as a Research Analyst with Ruby Ethical Services, a financial advisory firm that focuses on equity investment, where he carried out analysis of both listed and private company for investment purposes. Core skills acquired and demonstrated include business analysis, forecasting



Opeyemi currently serves as the Manager-in-House Corporate Counsel/Attorney of Africa Plus Partners (APP) and the Africa Infra Plus Fund (AIPF). He has been responsible for the preparation and review of contracts for AIPF I and coordinates the board secretarial activities.

He started his career at Obiagwu and Obiagwu (SAN) as a legal Associate where he spent his time working majorly on contracts and other aspects of the Law Thereafter, he worked as a Senior Associate with Prof. Akin Ibidapo-Obe & Co where he represented clients at all levels and tribunals in Nigeria, handling high profile cases, drafting contracts, Structuring and advising on transactions, Regulatory Compliance Corporate , drafting leases, mortgages, reviewing Memorandum of Agreements (MOAs), agreements and Standard Level Agreements (SLAs) for IOCs and other corporate bodies.Subsequent to his time at Prof. Akin Ibidapo-Obe & Co, he worked as the Head of Legal Department at Solewant Group of Companies. During his time at Solewant, he drafted and reviewed Oil and Gas contracts. He currently serves as the Manager-in-House Corporate Counsel/Attorney of Africa Plus Partners (APP) and the Africa Infra Plus Fund (AIPF). He was also responsible for drafting and reviewing MOAs, SLAs, leases, Deed of Assignments (DOAs), contracts for sale; advising on transactions; advising the company’s board of directors on legal matters and liaising with external chambers..



Samuel is an accomplished finance expert with over 12 years of cognate banking experience covering risk management, banking operations, internal control, project management, compliance and customer experience management. He is proficient in portfolio management, credit review & analysis, people management, financial analysis, budgeting, investment analysis, cash management & vault administration and international business finance.

Samuel received the Access Bank’s honours roll award as the best graduating student at the School of Banking Excellence, ELTP 10, 2007. His role as a credit portfolio manager at Access Bank Plc includes regulatory reporting, credit risk mitigation, monitoring of loan covenants and proactive management of the bank’s total loan

Disclaimer: An investment in the Fund is subject to significant risks of loss of income and capital and Shares in the Fund will be subject to restrictions on transfer. There will be no public market for the Shares in the Fund and they will not be negotiable on the capital markets. ... See more

Contact Us

6th floor, 29 Marina, Lagos Island, Lagos. NIGERIA