Sahara Group has announced the expansion of the group’s downstream business in Africa through strategic appointments.
The African Energy Chamber (AEC) commends the efforts by Sahara Group to not only strengthen its downstream operations but also build a leadership team that is committed to alleviating energy poverty in Africa.
According to the chamber, the appointments signal a new era of company growth and it looks forward to seeing new projects and infrastructure developed by Sahara Group.
The group appointed Foluso Sobanjo as the company’s Head, Africa Downstream while Yaa Serwaa Alifo has been appointed Head, Sahara Downstream in Ghana. Additionally, Nomnso Dike has been appointed as CEO of Sahara Group Nigerian subsidiary Asharami Synergy Limited while Yvette Selormey has been appointed Country Manager of Sahara Group Zambian subsidiary Asharami Energy Resources Limited.
Sahara emphasised its commitment and strides towards developing downstream infrastructure in Africa, noting that the company operates some power generation and distribution assets in sub-Saharan Africa, facilitating trade and energy distribution and supporting economic growth.
The group added that it has over 1,861 MW of installed power generation capacity and aims to expand its generation capacity to over 5,000 MW by 2026.
“In 2024, the group installed 15 wind turbines at the Egbin Power Plant in Nigeria. The turbines will not only improve power supply but also reduce emissions across the generation industry.
“The company is responsible for 24% of Nigeria’s aviation fuel supply and a sizeable share of the country’s premium motor spirit demand. Additionally, the group is a strong advocate for the adoption of market-based regimes in Africa to support the development of gas. The group has invested $142 million in two LPG vessels in Nigeria. Valued at $71 million each, the vessels have already bolstered the group’s capacity to deliver reliable and sustainable access to LPG in the country,” it stated.
The group mentioned that the appointment of the new leadership team will not only support project development by the company but also support programs such as these as Sahara Group moves to train the next generation of energy entrepreneurs in Africa.
Executive Chairman of AEC, NJ Ayuk said Sahara Group has built a team that is deeply rooted in the industry and Africa but not limited to it.
“The recent slate of appointments underscores the group’s commitment to improving operational efficiency and delivering both successful and sustainable projects, look forward to witnessing the company grow from strength to strength,” Ayuk said.
