After nine years, Dangote is still Africa’s richest man; check who’s in the top 10

Mohammed Awal Feb 13, 2020 at 11:00am

February 13, 2020 at 11:00 am | Opinions & Features

Mohammed Awal

Mohammed Awal

February 13, 2020 at 11:00 am | Opinions & Features

#8 Abdulsamad Rabiu

Nigeria’s Abdulsamad Rabiu is in number eight position among the top 20 African billionaires. 

He is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. In early January 2020, he merged his privately-owned Obu Cement company with listed firm Cement Company of Northern Nigeria, which he controlled. The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.5% of it.

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