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This profile was last updated on 8/9/15  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Afam Edozie

Wrong Afam Edozie?

Managing Director

Company Description: FiCres Capital was founded by Afam Edozie , to bring global capital and management expertise to outstanding entrepreneurs, with business ideas that have the...   more

Employment History

  • Chief Executive Officer
    Ficres Capital Limited
  • Chief Marketing Officer
  • Chief Marketing and Strategy Officer
  • Marketing Director
    Richard Branson’s Virgin Group
  • Chief Marketing Officer
    MTN Nigeria
  • Chief Marketing and Strategy Officer
    MTN Nigeria
  • Chief Marketing and Strategy Officer
    MTN Foundation

Board Memberships and Affiliations


  • King’s College Lagos
  • B.Sc. , Chemical Engineering
    The University of Lagos
  • postgraduate degree , Economics
    The University of London
95 Total References
Web References
Afam ..., 9 Aug 2015 [cached]
Afam Edozie
B.Sc Chemical Engineering, PGD in Economics from University of London. Over 23 years experience mostly in executive management roles in companies such as Virgin Group, MTN Nigeria, British Gas, Procter and Gamble. He is currently the Managing Director of FiCres Capital.
Afam ..., 20 Nov 2010 [cached]
Afam Edozie
Mr Afam Edozie is the Chief Executive Officer of FiCres Capital which he founded in December 2005. Afam has over 15 years experience in executive management, engineering, marketing, new business and infrastructure development. Mr Edozie started his career with National Grid PLC (UK), his last project was MTN Nigeria where he helped establish the organisation and served as Marketing & Strategy Director growing the subscriber base to over 6 million subscribers. He is a qualified Chemical Engineer and has served in technical roles in National Grid PLC (then British Gas Transmission) as well as senior commercial management roles in Procter & Gamble and Motorola. Mr Edozie has also led projects for Richard Branson (Virgin Group).
FiCres Capital was founded by ..., 16 Oct 2012 [cached]
FiCres Capital was founded by Afam Edozie , to bring global capital and management expertise to outstanding entrepreneurs, with business ideas that have the potential to become number one or two players in attractive markets in Nigeria. Afam has over 20 years experience as an investor and board executive in venture investing, IT, telecommunications and fast moving consumer goods. Before founding FiCres he was Chief Marketing and Strategy Officer for MTN Nigeria and provided strategic leadership in developing MTN Nigeria from start-up in Nigeria to over 2,000 staff and $500 million PAT. He has also held Marketing Director roles at Richard Branson's Virgin Group and senior marketing positions with Procter & Gamble and Motorola in the UK.
Swift Networks : Board of Directors, 27 Aug 2015 [cached]
Mr. Afam Edozie Afam has over 16 years experience in engineering, marketing and executive management in Europe and Nigeria. Afam most recently spent over four years as Chief Marketing and Strategy Officer for MTN Nigeria, where he provided commercial and strategic leadership in helping develop MTN Nigeria from start-up in Nigeria to over 2,000 staff and $500 million profit after tax.
Afam’s background also includes experience with Richard Branson’s Virgin Group, where he served as a Marketing Director; as well as over nine years in marketing and business management with Procter & Gamble Europe and Motorola Cellular in the UK. He has also spent time designing and building high pressure gas infrastructure for transporting natural gas from the North Sea to London with British Gas (now National Grid PLC.) He currently runs FiCres Capital Ltd, a private equity investment company focused on consumer markets in Nigeria. Afam was educated at King’s College Lagos and earned a B.Sc. in Chemical Engineering at The University of Lagos. He also holds a postgraduate degree in Economics from The University of London.
National News : Vmobile cuts cost of lines; MTN out with new recharge option, 24 June 2004 [cached]
Introducing the Virtual Top Up service yesterday, MTN's Chief Marketing Officer, Afam Edozie said it is one of the innovative services for which MTN is known.Virtual Top Up is provided by MTN in partnership with a Nigerian company, Nigerian Electronic Funds Transfer Operations, NEFTO, which is responsible for running the service.
He said that MTN has the greatest reach in Nigeria having expanded its services to 33 of the 36 states of the federation and offer service in more than 5,000 communities around the country.Edozie said that given the reach of the services of MTN, the company deemed it fit to introduce the Virtual Airtime service to alleviate the problems of people who do not have ready access to MTN recharge cards in remote locations across the country.
With MTN's Virtual Top Up, all the subscriber has to do is to request a recharge value that he wants from a vendor, supply the vendor his mobile phone number and within a few seconds, he gets an SMS confirming that his account has been topped up.He can then crosscheck his balance to confirm.For the recharge vendor, all he needs is a special SIM which enables him/her to transfer the Naira value of pre-paid airtime (in existing MTN denominations) from a virtual vending account in the MTN VTU Master System, directly and instantly to a subscriber's pre-paid account.
Vmobile's new Bumpa Card, with a cyclic life span of 30 days only, is offered at N3,000 each.
It is also convenient for both the vendors and the subscribers, environmental friendly and is capable of promotes entrepreneurial skills of Nigerians, says Afam Edozie.
In the past two weeks, MTN recharge cards have suddenly gone off the streets, driving up the cost of the cards in the process.
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