# Adeniran Ajakaiye

> Adeniran Ajakaiye is a co-founder and Executive Managing Director of Africa Plus Partners and Chief Investment Officer of its infrastructure fund. His career spans Nigerian investment banking and US banking and consulting; his firm invests in infrastructure businesses including transport and student housing.

- **Role:** Executive Managing Director at Africa Plus Partners; Chief Investment Officer, Africa Infra Plus Fund
- **Organizations:** Africa Plus Partners Nigeria Limited, Africa Plus Partners LLC, APD Construction, PricewaterhouseCoopers USA, Citigroup USA, Wells Fargo, GTBank, FirstBank, Stanbic IBTC, Access Bank
- **Education:** B.Eng. in Agricultural Engineering, University of Ilorin, MBA, Finance and Strategy, Washington University in St. Louis - Olin Business School, International Business/Management certificate, EM Lyon Business School, International Business/Management certificate, Université Paris Dauphine Business School
- **Known for:** Co-founded Africa Plus Partners in 2016., Structured debt instruments for major Nigerian infrastructure projects, according to his professional biography., Led alongside Anhad Narula at the firm whose Student Housing Company deal received the Infrastructure Deal of the Year award at the 2024 Private Equity Africa Awards; this was a company award.

## Career timeline

- **Before 2016** — Held banking roles in Nigeria and worked at Citigroup, Wells Fargo and PwC in the United States; precise employment dates are not established.
- **2009-2011** — Attended Washington University in St. Louis - Olin Business School.
- **2016** — Co-founded Africa Plus Partners with Anhad Narula, according to the fund listing memorandum.
- **2019** — Announced the Africa Plus Partners Student Venture Prize for Nigerian undergraduates.
- **2023** — Spoke at the January 24 NGX memorandum listing of the ₦20.5 billion Africa Infra Plus Fund I.
- **2024** — Spoke at the May 15 groundbreaking of a planned 1,600-bed student housing project at Akwa Ibom State University.
- **2025** — Participated in the March launch of the Benin-Asaba Expressway redevelopment and published a LinkedIn article on project risk management in April.

## Achievements

- Co-founded Africa Plus Partners in 2016.
- Structured debt instruments for major Nigerian infrastructure projects, according to his professional biography.
- Led alongside Anhad Narula at the firm whose Student Housing Company deal received the Infrastructure Deal of the Year award at the 2024 Private Equity Africa Awards; this was a company award.
- Fellow of the Chartered Institute of Bankers of Nigeria, as recorded in the fund listing memorandum.

## Latest updates

- **2025-10** — Africa Plus Partners announced an Agusto & Co. investment manager rating upgrade to A and a DataPro credit rating upgrade to A+; Ajakaiye commented on governance and sustainable returns.
- **2025-04** — Published the LinkedIn article “The Benin-Asaba Highway: Five (5) Ways Proactive Risk Management Guarantees Success on this Project” on April 15.
- **2025-03** — Spoke at the launch of the 125-kilometre Benin-Asaba Expressway redevelopment; delivery statements were targets, not completion reports.

## Links

- Website: https://africapluspartners.com/
- LinkedIn: https://www.linkedin.com/in/adeniran-ajakaiye-3b3b6020

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Profile page: https://yespress.io/adeniran-ajakaiye
Published by YesPress — https://yespress.io
Last updated: 2026-10-09