Thursday 18 July 2013

Nigerian Igho Sanomi, One Of The 10 Young African Millionaires To Watch In 2013 - Forbes


Nothing beats being young and rich. While most people attain multi-million dollar and billion dollar fortunes in their 40s and 50s, a few savvy entrepreneurs hit the big time while in their 20s and 30s.
There are a handful of young African entrepreneurs who’ve legitimately built multi-million dollar companies while in their 20s and 30s. A few of them have taken the helm of small companies and spun them into companies with valuations of $1 billion or more. All aged 39 and under, they are worth watching closely.
One of them is Nigerian Business man, Igho Charles Sanomi II, founder and Chief Executive Officer of the Taleveras Group, an internationally recognized energy and power. In 2004, Igho Sanomi founded the Taleveras Group, a Nigerian energy trading company. Taleveras trades over 100 million barrels of crude oil as well as several million tons of gasoline, LPG and jet fuel. In April 2012, Taleveras acquired production sharing contracts (PSCs) for three offshore oil blocks in Ivory Coast. In June 2013, Taleveras sold a 65% stake in one of its Ivorian offshore upstream projects to Lukoil of Russia for an undisclosed price. Taleveras also owns a stake in a power distribution firm in Nigeria. Sanomi is 38 years old.

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