Why Sahara
The group has business activities that span through the entire energy value
chain.
Our core field of endeavor is centered within the Oil and Gas industry and its
associated sub-sectors. The Group also participates in businesses in other
industries that are synergistic to its core field and those businesses deemed
strategic in its regions of operation.
The Group's strength is attributable to a number of factors: dedication to our
core values, loyalty and integrity to our industry partners, and experienced
professionals with prescience and abilities to breakthrough obstacles – in
addition to these are our steadfast relationships that span generational
bridges; lasting through changing markets and political conditions.
The first Sahara Group company, “Sahara Energy Resource
Limited”, was founded in 1996 as an oil trading business focused on Nigerian and
West African oil products. Within 3 years the company had established herself as
a credible trading house securing trade lines from first class international
banks, like BNP Paribas and United European Bank.
Over the years, as the company grew in reputation and size, it became evident
that there was a need to diversify into other industry-related businesses.
Initially, this was done by creating divisions within Sahara Energy Resource
Limited.
As the divisions grew into veritable businesses and revenue generators in
themselves, they were established as separate limited liability companies, each
with its own management and organizational structure, all co-existing as a part
of the larger Group.
The Group has witnessed remarkable growth since its inception and by year end
2007 had successfully spun off 4 fully autonomous affiliate companies, leaving
13 operating companies under the Group umbrella. The total staff strength of all
Sahara companies was 347 as at December 2007, with a combined turnover of over
$4.5 billion.
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