Sinoma News

Nigerian billionaire Abdulsamad Rabiu, Chairman, BUA Group. Credit: theheraldng.com

Nigerian billionaire Abdulsamad Rabiu in talks with China's Sinoma over $1.9B steel and cement deal

Nigerian billionaire Abdulsamad Rabiu’s conglomerate BUA Group is in talks with China’s Sinoma to build a steel plant in Nigeria and two cement plants in East Africa for $1.9 billion.

Abdulsamad Rabiu, Chairman of BUA Group. Rabiu has an estimated net worth of $1.2 billion, according to Forbes

Nigerian billionaire Abdulsamad Rabiu signs $600M construction deal with Chinese firm Sinoma

BUA Group, a Nigerian industrial conglomerate owned by Abdulsamad Rabiu, one of Nigeria’s wealthiest men, has signed $600 million worth of contracts with Sinoma International Engineering Co.

Aliko Dangote, CEO, Dangote Cement

Dangote Seeks Zimbabwe Investments in Cement, Power, Mining

Aliko Dangote, Africa’s richest man, is considering investments in Zimbabwe’s cement, power generation and coal-mining industries as part of an expansion in the southern African nation.

Africa's richest man and China sign $4.3B deal to build cement factories across the continent

Africa's richest man and China sign $4.3B deal to build cement factories across the continent

A Chinese state-owned engineering company has signed a deal worth $4.3bn (£2.8bn) to build factories for a Nigerian cement company run by Africa’s richest man, Aliko Dangote.