TOGBE AFEDE XIV

TOGBE AFEDE XIV

$280 Million

FOUNDER, SAS GROUP OF COMPANIES

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Age: 58

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SOURCE OF WEALTH: SELF MADE, FINANCE

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EDUCATION: UNIVERSITY OF GHANA LEGON, BACHELOR’S DEGREE BUSINESS ADMINISTRATION (ACCOUNTING), 1979

YALE UNIVERSITY, MASTER’S DEGREE, BUSINESS ADMINISTRATION, 1989

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ASSETS: AFRICA WORLD AIRLINES, ACCRA HEARTS OF OAK FOOTBALL CLUB

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OVERVIEW

Togbe Afede XIV, known previously as James Akpo is the Agbogbomefia of the Asogli State in the Volta Region of Ghana.

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NET WORTH SUMMARY

Togbe co-founded Databank Financial Services, Ltd. At the end of 1993 he left Databank and founded Strategic African Securities (SAS), a stock brokerage firm. Togbe is currently the CEO of Strategic Initiatives Ltd., a private equity and portfolio investment firm that he founded in 1999.

He is also the founder of Africa World Airlines, Navigator Communications & Technology Co., Ltd. and co-founder of Sunon Asogli Power (Ghana) Ltd.

Togbe Afede XIV is the majority shareholder of Accra Hearts of Oak Football Club and the executive chairman of the World Trade Centre Accra.

Togbe is a member of the board of directors of the SAS Finance Group Ltd. (an investment banking firm), SAS Investment Management Ltd. (an asset management firm) and Strategic Initiatives Ltd. (Chairman) (a portfolio and private equity investment firm).

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Visibility Ratings: B