Raphael Kofi Afaedor is a Ghanaian entrepreneur and tech leader who helped build one of Africa’s most recognizable e-commerce names, Jumia, and has since focused on making retail work better for everyday people across the continent. He’s now the co-founder and CEO of Kyosk Digital Services, where he’s pushing to digitize the supply chains that small shops and informal traders rely on every day.
Profile Summary
| Full name | Raphael KofiAfaedor |
| Date of birth | N/A |
| Place of birth | Not publicly verified |
| Nationality | Ghanaian |
| Partner | N/A |
| Children | N/A |
| Occupations | Entrepreneur, co-founder, CEO, investor, technology executive |
| Net worth | $10 – $25 million |
Early Life and Education
Raphael Kofi Afaedor was born in Ghana and grew up in Accra, where he attended Presbyterian School from 1988 to 1995.He went on to earn bachelor’s and master’s degrees in computer science from the Czech Technical University in Prague, finishing in 2003.
He later added a master’s degree in marketing from the University of New York in Prague in 2006, then completed his MBA at Harvard Business School from 2007 to 2009.
Career
Raphael’s career started in tech and finance. He worked as a software engineer, then moved into investment roles, and later took on business development and marketing responsibilities in the industrial sector. These roles gave him a broad view of how markets work and where technology can create real value.
He’s best known as a co-founder of Jumia, which he helped launch in 2012 with a business plan that caught the attention of Rocket Internet. He served as CEO of Jumia Group through the early years before stepping away to focus on new ventures.
After Jumia, he co-founded Supermart.ng, an online grocery and essentials platform in Nigeria. In 2019, he co-founded Kyosk Digital Services, where he’s now CEO. His focus here is practical: building the digital infrastructure that helps small retailers stock shelves faster, cheaper, and more reliably.
Personal Life
Raphael Afaedor, co-founder of Jumia and Kyosk, is married and has a daughter named Victoria Aba Afaedor. He tends to keep his family life private, but his marriage became more publicly noted when the couple welcomed their baby.
Net Worth
Raphael Afaedor’s net worth is not officially disclosed, but industry observers estimate it to be between $10 million and $25 million.
This estimate reflects his equity in successful e-commerce ventures like Jumia and Kyosk, his track record as an angel investor in African startups, and his senior roles in high-growth digital companies.
Awards and Recognition
Raphael has been recognized for both his business achievements and his academic background. He was named to Business Day Nigeria’s Top 40 Under 40 list and was part of the team behind Jumia Nigeria’s “Best New Retail Launch” award, which was highlighted as the first African company to win at the World Retail Awards.
He’s also been recognized for academic excellence and has held leadership roles in entrepreneurial circles, including co-chairing the Harvard Africa Business Conference. These recognitions show a pattern: someone who’s been taken seriously in both classrooms and boardrooms.
