Ake Arts & Book Festival




Fola Fagbule is a banker and investment professional focused on infrastructure in Africa. He currently serves as a Senior Vice President and Head of Financial Advisory with responsibility for corporate finance advisory, mergers, acquisitions, capital raising and other technical advisory assignments at the Africa Finance Corporation (AFC).

His work revolves around large infrastructure projects, companies, and investments across sub-Saharan Africa. AFC is a US$7.0bn infrastructure financier working across more than 30 countries in Africa. Fola has worked at AFC in various roles for more than a decade and is currently focused mainly on leading the delivery of advice to various clients including governments, sovereign wealth funds, private funds, large corporates, private developers, state-owned enterprises, and central banks.

Fola has previously served as a Director representing AFC on the board of a leading diversified energy business operating in multiple African countries. He also serves on the board of directors at a number of private enterprises.

Prior to AFC, Fola worked as an investment banker at Afrinvest, a London and Lagos based securities and corporate finance advisory firm. At Afrinvest he focused originally on mergers, acquisitions and capital raising; then subsequently led the investment research department.

Fola has received a Master of Business Administration (MBA) degree and prior to that a Bachelor of Science degree in Physics. He is the co-author of a popular pre-colonial history of Nigeria titled “Formation, The Making of Nigeria from Jihad to Amalgamation”, first published by Cassava Republic Press in October 2020.

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