Sahara Group Appoints Folake Soetan As Arahas MD to Drive Oilfield Services Transformation Across Africa

Sahara Group has appointed Mrs. Folake Soetan as the new Managing Director of Arahas Global Oilfield Services, signaling a strategic move to accelerate its "Beyond XXX" agenda. This initiative focuses on deepening impact, advancing operational excellence, and shaping the future of energy across Africa.

The appointment, effective July 1, 2026, underscores Sahara Group's commitment to empowering leaders who can achieve measurable outcomes within its energy ecosystem. Adedeji Odunsi, Executive Director at Sahara Group, stated that the development in Arahas, a subsidiary focused on oilfield services, reinforces the conglomerate's dedication to making a significant difference in the energy sector through long-term vision and growth.

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Our focus is on building future-ready platforms anchored on strong leadership, clear strategy, and disciplined execution. Folake’s appointment reflects our commitment to empowering leaders who can translate ambition into measurable outcomes across our energy ecosystem.

Soetan's mandate includes redefining oilfield services delivery through innovation, operational efficiency, and sustainability. She is expected to lead Arahas in providing high-impact, value-driven solutions, strengthening its position as a globally competitive platform rooted in African expertise. Her role will also extend to the Sahara Power Group, where she will apply her extensive experience, including her tenure as CEO of Ikeja Electric, to improve performance frameworks and support reliable electricity solutions.

This dual responsibility highlights Sahara Group's strategy to foster integration between its upstream and power value chains. The aim is to unlock synergies for a more cohesive, efficient, and sustainable approach to energy delivery across the continent. Soetan expressed enthusiasm for the role, emphasizing the opportunity to contribute to Sahara's evolving energy vision and shape a more resilient energy landscape for Africa.

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Arahas represents a bold and timely opportunity to redefine how oilfield services are delivered across Africa, anchored on innovation, efficiency and sustainability. I am excited to work with the team to build a high-performance platform that strengthens the integration of our Beyond XXX agenda and shape a more resilient energy landscape for the continent.