Kola Aluko


Kola Aluko is a Nigerian energy business magnate with further interests in African infrastructure development and aviation.

Aluko is the Co-Chief Officer and an Executive Director of Atlantic Energy, an indigenous, private upstream oil and gas company, focused on independent exploration and production participation in Nigeria.

Aluko was ranked by Forbes Africa as one of the 40th Richest Africans, as well as included in the Top Ten list of Successful African Entrepreneurs to Follow on Twitter.

The New African Magazine included Aluko in their 100 Most Influential Africans listing and issue.

Aluko co-founded Besse Oil, an oil trading company in Nigeria in 1995.

Besse Oil, one of the first to obtain a credit line with major international banks, traded crude oil and fuel oil, as well as being a major importer of gasoline.

In 2001, Aluko founded Fossil Resources, an indigenous downstream oil and gas company, where he held the role of Chief Executive Officer.

In 2004, Aluko formed Exoro Energy International, becomes CEO and moves into Exploration and Production.

He was a Director of Seven Energy from 2007 until his departure in 2011.

Aluko, together with a team of Nigerian and international E&P executives, co-founds Atlantic Energy in 2011, a private upstream oil and gas company, with an increased focus on under-developed producing fields in Nigeria.

In 2010, Aluko diversified into the aviation industry, becoming a member of the Vistajet advisory board, assisting with the West-African expansion of the Swiss-based luxury aviation company.

Aluko is a co-founder of Made in Africa (MiAF), a foundation set up to support and fund master plans and feasibility studies for transformational and large scale developments and infrastructure projects across the African continent. MiAF’s other co-founder is the Ghanaian fashion designer Oswald Boateng.

On 26 September 2013, MiAF launched the Africa50 fund at the New York NASDAQ, Africa’s largest infrastructure investment vehicle to date.



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