Michael Oluwagbemi

WORK HISTORY

EDUCATION

ABOUT MICHAEL OLUWAGBEMI

Michael O. Oluwagbemi II is a serial entrepreneur and project management professional having founded or aided the founding of more than a dozen companies in West Africa. He founded LoftyInc Allied Partners, a business and project development company focused on the Resource, Infrastructure and Technology sectors in 2009. He is also co-founder of the Wennovation Hub- a Lagos based accelerator and Founding Partner at LoftyInc Capital Management one of the leading African VC Firms. Michael also served as the Vice President & Director at Amazon Energy (Group) Limited until 2019. Michael advises or seats on the board of several early stage companies in the tech or energy sector. Michael is a Certified Project Management Professional, and Member of the Project Management Institute, Institute of Electrical and Electronics Engineer and Texas Society of Professional Engineers. Prior to the founding of LoftyInc - a business and project development company, Michael was Project Engineer/Construction Support Manager at WorleyParsons Group Inc in Houston, as well as Engineer at Exxon Mobil Production, Houston. He is a licensed Professional Engineer in the State of Texas.Michael is a member of the Board of Trustees of Occupational Health, Safety & Empowerment Centre- a non-profit based in Nigeria. On the technology development front, he was a member of the Lagos Angel Network\'s Steering Committee - an angel investor network he helped found in Nigeria, and he also served as a Board Chairman at AfriLabs, the umbrella body of all incubators/accelerators operating in Africa. Michael\'s professional passion is project and business development, for start-ups and established regional players in the Energy, Technology and Infrastructure Sectors of Africa. In September 2014, he was appointed the Chairman of the Essential Services Committee of the Nigerian Content Consultative Forum of the Nigerian Content Development and Monitoring Board (NCDMB) that oversees local content regulations in Nigeria\'s Oil & Gas Industry.On January 17 2022, he was appointed into the board of the Rural Electrification Agency (REA), Nigeria by the President of the Federal Republic of Nigeria for a five year term. He is currently serving as Project Director and Chief Executive at the Presidential CNG Initiative, designed to support Nigeria’s Mass Transit sector to transit from PMS/Diesel to Compressed Natural Gas (CNG) as primary fuel and Electric Vehicle component to guarantee responsible and reliable energy transition for Africa’s largest economy.