Ayodeji Balogun

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Ayodeji Balogun
Ayodeji Olaleye Balogun

Lagos, Nigeria
EducationMBA, Lagos Business School.
Bachelor of Engineering (B.Eng.), Mechanical Engineering
, Lagos State University.
Occupation(s)Business Executive, Entrepreneur
Known forChief Executive Officer of AFEX
SpouseOluwakemi Balogun

Ayodeji Balogun (born Ayodeji Olaleye Balogun in 1983) is a Nigerian entrepreneur, commodity trader and CEO, AFEX,[1] Nigeria first private sector commodities exchange, and tech-enabled Agriculture Company.[2][3] He is a Member, Board of Trustees of The Association of Security Exchange in Nigeria and serves on the board of Capital Market Development Fund.[4]


Balogun was born in Ijebu-ode, Ogun state, Nigeria.[5] He holds a diploma in Heavy Equipment Engineering from Penn Foster University, Scranton and (B.Eng.) in Mechanical Engineering from the Lagos State University.[6] He furthered his education at Lagos Business School, where he earned an MBA and IESE Business School, Spain.[7]


Balogun began his career as an analyst with Unilever Nigeria Plc and later became an associate at Doreo Partners where he contributed to the development of Nigeria’s Agriculture Transformation Plan in 2011. He was the Regional Director, Africa Exchange Holdings for West Africa and then became the Country Manager for AFEX Commodities Exchange Limited (AFEX) in July 2014.[8] He was appointed CEO of AFEX in December 2019

Personal life[edit]

Balogun is married to Oluwakemi Balogun, a medical doctor and together they have two children.[9]


  1. ^ "AFEX deploys blockchain solutions to assist farmers access to finance and market". BiztechAfrica. Retrieved 2021-02-11.
  2. ^ "AFEX launches Nigeria's first Exchange Traded Commodity platform". Businessday NG. 2020-11-26. Retrieved 2021-02-11.
  3. ^ Nwagbara, Chidinma (2020-03-18). "50,000 farmers to benefit from AFEX Commodities funding initiative". Nairametrics. Retrieved 2021-02-11.
  4. ^ Alimi, Nurudeen. "Why I'm On A Mission To Make African Commodities Market More Accessible, Profitable — Ayodeji Balogun". tribuneonlineng.com. Retrieved 2021-02-11.
  5. ^ Admin. "Africa has capacity to solve world's food security problems – Balogun". guardian.ng. Retrieved 2021-02-11.
  6. ^ "Ayodeji Balogun: Trailblazing in a territory others find daunting". Businessday NG. 2019-11-12. Retrieved 2021-02-11.
  7. ^ "With Ayodeji Balogun – Define Your Future". Retrieved 2021-02-11.
  8. ^ Admin, SAFIN (2019-07-30). "Partner in the spotlight: Ayodeji Balogun of AFEX Commodities Exchange Limited". SAFIN Network. Retrieved 2021-02-15.
  9. ^ "Ayodeji Balogun - THNK School of Creative Leadership". THNK. Retrieved 2021-02-11.