International energy and infrastructure conglomerate Sahara Group has confirmed its presence and participation as a platinum sponsor at the Africa Energy Week (AEW) Conference and Exhibition (www.AECWeek.com) 2022, Africa’s largest event for the energy sector, which will take place from 18 to 21 October in Cape Town. Sahara Energy’s participation as a Platinum Sponsor, representing one of the global companies driving development across Africa’s energy value chain, is critical to shaping the dialogue around the challenges, opportunities and overall outlook of the continent’s energy sector and its role in driving socio-economic development .
With a strong footprint in the mining sector in Nigeria, Côte d’Ivoire and Ghana, the Sahara Group division continues to lead exploration, production and infrastructure development in Africa. Sahara Group’s aim to increase its current energy production from 10,000 barrels of oil per day (bopd) to 100,000 barrels per day in the next five years is a strong indication of the company’s commitment to play a key role in maximizing the production and utilization of the continent’s oil and gas resources. to eliminate growing energy poverty and stimulate industrial growth. In this regard, Sahara Group, as a platinum sponsor, is well placed to host AEW 2022 discussions on the challenges and opportunities related to the oil and gas sector in Africa, while providing an update on the company’s activities.
At the same time, Sahara Group’s Midstream division is one of the leading oil trading companies in Africa. The company trades an average of 80 million barrels of oil and four million metric tons of refined products, owns 76,000 cubic meters of liquefied petroleum gas (LPG) vessels, and has stakes in some of the continent’s major refineries including Societe Ivorienne de Refinage in Ivory Coast and Societe Africaine de Raffinage in Senegal. As the African gas market booms with major discoveries and infrastructure development in both emerging and established markets such as Nigeria, where Sahara Group already has a strong presence, the company is coming together to improve the landscape through partnerships with national oil by companies and regulators such as the National Petroleum Corporation of Nigeria in the production, trading and transportation of LNG and LPG.
In the refining sector, Sahara Group is one of the most active companies in Africa thanks to its participation in the purchase, storage and distribution of energy in Ghana, Tanzania, Zambia, Kenya, Senegal and Nigeria, and in the energy sector, the group is one of the largest companies in the production and electricity distribution in sub-Saharan Africa with a portfolio of five 1.8 GW power generating plants and powering more than one million households. Sahara Group’s commitment to providing world-class solutions in the power, oil and gas markets makes the company an important and reliable partner for Africa as the continent strives to maximize the development of domestic resources to diversify the energy mix for energy security, affordability and sustainability.
“The Chamber is honored to welcome Sahara Group as a Platinum Sponsor, an energy market champion that continues to tackle the barriers to growth in Africa’s energy industry. Thanks to Sahara Group’s diverse energy activities, Africa’s overall energy sector is moving towards strong growth and this is what the discussions at AEW 2022 will focus on,” said N.J. Ayuk, Executive Chairman, AEC.
As a Platinum Sponsor of AEW 2022, Sahara Group will participate in high-level meetings and discussions on energy investment, access and security, while promoting the company’s future growth plans and its role in ending energy poverty by 2030 the entire continent became history.
Distributed by APO Group on behalf of Africa Energy Week (AEW).
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About Africa Energy Week (AEW):
AEW 2022 is the AEC’s annual conference, exhibition and networking event. AEW 2022 brings together African energy stakeholders with investors and international partners to drive the growth and development of the industry and promote Africa as a destination for energy investment. Key organizations such as the Organization of African Petroleum Producers, as well as African heavyweights including Equatorial Guinea and Nigeria, are partnering with AEW, reinforcing the role the event will play in Africa’s energy future.
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