Saraba was founded in 2008 after a writing workshop organized by Emmanuel Iduma, Ayobami Adebayo and Arthur Anyaduba, in Obafemi Awolowo University, of which Dami Ajayi was the first attendee.

The magazine's poetry is edited by Adebiyi Olusolape, nonfiction by Arthur Anyaduba and fiction by Ayobami Adebayo and Dami Ajayi, all senior editors.

[3] Saraba has published a number of writers from Nigeria and elsewhere in Africa who have gone on to garner international renown, and notable careers such as Ayobami Adebayo, Adebola Rayo, Uche Peter Umez, Jumoke Verissimo, Bwesigye bwa Mwesigire, Akin Adesokan, Victor Ehikhamenor, Clifton Gachagua, Tade Ipadeola, Okwiri Oduor, Abubakar Adam Ibrahim.

[9] In 2016, Saraba published another special issue on the 2015 edition of the Etisalat Prize for Literature, which featured interviews with the longlisted authors and two essays on the winning book.

[13] Supported by the Miles Morland Foundation,[14] writers from within Nigeria and elsewhere in the world were invited to submit completed manuscripts in either the fiction or nonfiction category.

Tade Ipadeola, Jumoke Verissimo, Ayobami Adebayo, Adebiyi Olusolape, Dami Ajayi and Emmanuel Iduma serve on the board of the Trust.