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Ayodeji Balogun
Country Manager at AFEX


Ayodeji Balogun currently serves as the Country Manager for AFEX Commodities Exchange Limited (AFEX Nigeria) and the Business Lead for Africa Exchange Holdings Limited in West Africa, where he is pioneering the development of a private sector led commodities exchange and warehouse receipt system. He doubles as the Product Development Manager, leading value chain development in the Agriculture Sector, and designing physical and derivative contracts for commodities across markets in Africa. Prior to his role as Country Manager, Ayodeji was in charge of developing the company’s new market entry strategy in East and West Africa.

He is an MBA graduate of the Lagos Business School, has a first degree in Mechanical Engineering and a diploma in Heavy Equipment Engineering (with Distinction) from Penn Foster University, Scranton, US. Before his admission to Lagos Business School, Ayodeji was an entrepreneur, continuing the commodity trading business that he began in his teenage years by managing his family owned commodities trading business with turnover in excess of USD15 million. He also founded a haulage business; was part of a mobile service start-up and also part-owned an agribusiness venture.

Agenda Sessions

  • Stabilizing market prices of food stuff in Nigeria via an efficient, effective transportation and distribution system to stimulate economic growth