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Tonye Cole
Business Leadership
Entrepreneurship
with Purpose

Tonye Cole is the co-founder and former Group Executive Director of Sahara Group, one of Africa’s largest energy and infrastructure conglomerates.  Founded in 1996, Sahara Group operates across 42 countries and employs over 4,000 people.

Today, Tonye focuses on investing in youth-driven companies across Nigeria, which benefit from his experience as a serial business builder.

entrepreneur Tonye Cole

Career Milestones

Tonye’s entrepreneurial journey began in 1986 while studying architecture at the University of Lagos. Alongside his course mate, Ikenna Chukwueke, he built architectural models for leading firms including Towry Coker and Associates and Suji Dosekun and Partners. He went on to begin his professional career with Grupo Quatro SA in Brazil, where he contributed to major urban planning projects, notably the development of Palmas, the capital of Tocantins. He later joined EMSA, a Brazilian engineering firm, as Director of Operations in Nigeria, overseeing World Bank‑funded infrastructure projects.

In 1996, he co-founded Sahara Group. The company evolved from fuel trading to a fully integrated energy business, covering upstream, midstream, downstream, power and infrastructure.

Today, Tonye mentors, supports and invests in Nigerian businesses and startups. With the benefit of his support and experience, Nigeria’s brightest business leaders are growing the country’s next business success stories. This work spans data centres, AI, cyber-security, mining, technology and telecoms.

Global Engagement

Tonye represented Sahara Group at the World Economic Forum, contributing to the Partnering Against Corruption Initiative (PACI). He also holds a number of leadership and board positions, including membership of the Dean’s Circle at the Blavatnik School of Government, a board member of the World Law Association, he is the Chairman of Enactus Nigeria, Founder of the Nehemiah Leadership Institution, Chairman of the RCCG Sports Directorate, and founder of The MindSwap Initiative. He has also served on advisory boards for the UN Sustainable Development Group Fund (SDG‑F) and the World Bank’s Expert Advisory Council on Citizen Engagement.
Tonye Cole

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