Ok, gentlemen I found a solution,
Thank You very much for your assistance
I started off with the solution recommended by davidfor.
Unfortunately after using USBDeview I couldn't even get the computer to recognize my normal devices (card-reader, usb hard-drive, usb stick etc).
In all honesty my mood dropped below zero at this point, as I was beginning to see a clean re-instalment of the OS in the near future.
I thought there was something wrong with the OS' plug-and-play software and started researching for a method to repair it.
I came across a thread that suggested a manual way to maybe install a driver when the computer couldn't recognize a p&p device, and it not only worked for my normal attached devices but also for the Kobo

- it is now connected to the computer and I can not only see it I can also access it.
Mood swing from below zero to just under the roof in about ten minutes.
And of course for future reference the answer that helped me:
"
Plug in any devices you have. Open the start menu, right-click on "Computer", and select "Manage". On the left side of the window that comes up, select "Device Manager". Under "Other Devices" or "Unknown Devices" (can't remember which one it is...they should have a question-mark next to each), you should see a list of all "problem" peripherals. Do this for each: right click on the name, select "Update Driver Software", select "Browse my computer for software (manually)", and put in "C:\Windows\System32" as the path. Click "Next", and your computer should find the drivers. I know this is a pain in the butt, but at least there is some way to solve it."
The link to the mentioned
thread - the answer is the fifth from the top by a gentleman with the username skidave.
Once again;

very much for taking your time to help, it has been much appreciated
And now I will rummage this site for tips and tricks