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Alexander Chika Okafor Biography, Net worth and Chicason Group

What started like a small trading house in the year, 1980 has grown to become one of Africa’s biggest business empires of the 21st century. You are welcome to Chief Alexander Chika Okafor‘s profile, the brain-child behind the popular name, Chicason Group of companies.

Real Name Alexander Chika Okafor
Titles Mr, Dr, Engr, OON, KSC
Company Chicason Group
Birthday February 6, 1957
Age 64
Profession Industrialist
Net worth $1.5 billion
Wife Engr. Dr Favour
Nationality Nigerian
State of Origin Anambra

Alexander Chika Okafor Biography

The Nigerian billionaire, Dr. Alexander Okafor is a native of Umudim, Nnewi in Anambra State. He is the owner or founder and C.E.O of Chicason Group of companies. He is a successful Nigerian entrepreneur from a poor family background of a palm wine tapper father and a fish-seller mother. He was still a little boy during the Biafra-Nigeria war and had to support and provide for his family just after his fathers demise when he was just 8. He sold Akara on the streets with his mother and later got an Nnewi traditional apprenticeship experience from his Uncle just after selling newspapers & magazines to grow his 500 capacity poultry farm while in school.

After learning business ropes and subsequent settlement by his uncle, he began supplying Ghanaian fishermen with fishing materials until 1978 when the late president of Ghana, Jerry John Rawlings closed borders on the importation of foreign goods which made him to come back and launch Chicason Electronics shop in Anambra, Nigeria with products like Televisions, Fridges and others sourced from Lagos.

This lasted until he was inspired by friends of mainly his age to venture into clothing, and he did go into fashion with a capital of $50,000 on female fashion and accessories sourced initially from Hong Kong. This move turned out a huge success for him, thereby enriching his purse and improving his business portfolio. By 1997 has continued his business empire to cut across lubricants, food commodities, real estate, detergents and many others.

Furthermore, the successful Nnewi-born entrepreneur, Alexander Chika Okafor is a fellow of many professional bodies including the Institute of Corporate Administration (FICA), Nigerian Institute of Sales Management (FNISM) and Nigeria Society of Chemical Engineers (NSChE). He has held various offices in business and social organisations including President, Nnewi Chamber of Commerce as well as Patron, Nigeria – South African Chamber of Commerce. He is also the current Patron, Independent Petroleum Marketers Association of Nigeria and the owner of A-Z Petroleum.

Pictures of Alexander Chika Okafor Biography, Net worth
Archbishop Dr Richard Innocent (middle) with Chief Dr Alexander Chika Okafor and his wife, Engr. Dr Favour

Chika Okafor Awards and Recorgnitions

Name Awards Category
Rotary International Merit awards Paul Harris Award
Nnamdi Azikiwe University, Awka Honorary Doctorate Degree Business Administration
Rotary International Merit awards African International
Anglican Diocese of Nnewi, Anambra State Recognition awards Philanthropic and missionary awards
Anglican Diocese of Nnewi, Anambra State Recognition awards Philanthropic and missionary awards

For envisioning, achieving and impacting lives with his high-profiled business outlets and also for contributing to the economic growth of Nigeria and other African nations, Chief A. Okafor therefore has received many other unprinted national and international awards to that effect.

Alexander Chika Okafor Net worth

His real net worth is not yet public. Weighing from Chicason group of companies, Dr. Okafor’s monetary worth is estimated to be over $1.5 billion USD.

Chicason Group of companies

Chicason Group is a homegrown and technology driven Thirteen count business conglomerate scattered all over Nigeria and beyond which majors in the industrial-driven sectors of the economy like manufacturing oil & gas, mining, real estate, trading, health care delivery, agriculture and travel management.

These businesses have been proven overtime to be customer oriented and adjudged to be among the best indigenous groups in Nigeria and Africa, in terms of topnotch product quality and service delivery systems incorporated into these ventures.

Chikason group Executive Staff

Organisation Chicason group
Group Executive Chairman Chief Alexander Chika Okafor
Executive Advisor (Manufacturing Expansion Projects) Engr. Linus O. Ilozue
Executive Director (Finance) MR. K. C. Chigbo
Executive Director (Other Services) MR. Dikanna Chika Okafor
Executive Director (Audit & Internal Control) Engr. (MRS) Philippa Ulasi
Executive Director Alex Ojukwu
Executive Director (Human Capital Management) Nayo Ugoh
General Counsel & Legal Services Okechukwu (Okey) Uche
COO Afro-Asia Automobile Sreedharan Srinath

If you are inclined, tell us more about this personality using the comment box below.


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Comments (1)


  1. Ndubuisi Emmanuel chibueze

    He is a great man and I would love to meet with this great personality

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