ACA Partners

Okechukwu Enelamah


Okechukwu Enelamah is the Chairman and CEO of African Capital Alliance (ACA).

Mr. Enelamah served as Federal Minister of Industry, Trade and Investment in Nigeria from November 2015 – May 2019.

His has gained over 25 years of investment and private equity experience from ACA, Zephyr Management L.P. and South Africa Capital Growth Fund in Lagos, New York and Johannesburg respectively. Prior to his career in private equity, Mr. Enelamah worked for Arthur Andersen in Nigeria and London, and Goldman Sachs in New York and London.

After first qualifying as a medical doctor, he qualified as a chartered accountant in Nigeria. He has an MBA from the Harvard Business School and is a Chartered Financial Analyst.

Afolabi Oladele


Afolabi Oladele is a Partner of ACA.

Prior to joining ACA in 1999, Afolabi garnered 24 years of experience in the oil & gas industry. He was a member of the Board of Directors of the Toronto Stock Exchange listed Addax Petroleum Corporation, one of the most successful independent oil companies to have grown out of Africa. Most of his career was with the Nigerian National Petroleum Corporation (“NNPC”) where he served in various capacities culminating in his appointment as 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. He currently serves as a director on the board of various companies including Deltatek/Delta Afrik, Addax and Oryx Group.

Afolabi is a Fellow of the Nigerian Society of Engineers and the Nigerian Academy of Engineers. He holds a Bachelors degree in Chemical Engineering and post-graduate certificates in petroleum economics and management.

Sam Oniovosa


Sam Oniovosa is a Partner of ACA.

Prior to joining ACA in 2003, Sam garnered over 25 years of experience in financial services. He began his career at Arthur Andersen, where he spent four years working on various financial consulting and audit engagements. After leaving Andersen, he held increasingly senior positions in accounting, treasury, corporate finance, commercial banking and financial management at Guinness Nigeria PLC, First City Merchant Bank, Credite Bank and United Bank for Africa. At United Bank for Africa, Sam was a Group Head in corporate banking and later became Group Head for the Lagos area commercial banking business. He rose to become Deputy General Manager and Senior Credit Officer with responsibility for risk management.

Sam received a First Class degree in Economics from the University of Ife (now Obafemi Awolowo University) and his MBA from the University of Lagos. He is a Nigerian Chartered Accountant and won the second best overall prize in the final qualifying examinations

Paul Kokoricha


Paul Kokoricha is a Partner of ACA.

Paul has over 30 years of experience in the financial services industry and started his career with Arthur Andersen, providing accounting, consulting and audit services to various clients in financial services, oil & gas and manufacturing. He has extensive experience in private equity as well as business turnarounds, transformation and reorganization.

Paul has a first degree in Economics and is a fellow of the institute of Chartered Accountants of Nigeria.

Kofi Kwakwa


Kofi Kwakwa is a Partner of ACA.

Prior to joining ACA in 2015, Kofi was Founder and CEO of Sagevest Holdings. He was also Director of Strategic Investments, Joint Ventures & Alliances at Standard Bank Group, the largest banking group in Africa and a leading emerging markets bank. Prior to joining Standard Bank, Kofi was a Senior Manager at McKinsey & Company. He is a World Economic Forum Global Leader for Tomorrow.

Kofi obtained a BA in Mathematics and Economics with a concentration in Public Policy from Swarthmore College (USA) and an MBA from Harvard Business School.