Abdul Samad Rabiu seeking $500 million for Kalambaina cement plant
The Nigerian tycoon turns to international financing institutions to raise funds.
Someone shares this article with you
▪ Abdul Samad Rabiu seeking $500 million for Kalambaina cement plant
▪ The Nigerian tycoon turns to international financing institutions to raise funds.
▪ https://www.africabusinessplus.com/en/812890/rabiu-seeking-500-million-for-kalambaina-cement-plant/
The massive financial requirements – half-billion dollars – of Abdul Samad Rabiu‘s company are expected to be met through an appeal for external funding.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Industry
06/06/2023 at 20h27, by Africa Business+, updated 07/06/2023
Abdul Samad Rabiu: “BUA Cement contributes $250m equity to new production units in Sokoto State”
Details of the project finance deal between BUA and four international lenders in northern Nigeria are...
Industry
25/11/2022 at 13h13, by Africa Business+
Kenneth Capes appointed CEO of South African cement company Sephaku Holdings
Current CEO of the Métier Mixed Concrete subsidiary (Métier), he will take up his new position on 1...
Industry
17/10/2022 at 13h42, by Africa Business+
Senegal : Sococim Industries to complete new furnace financing
The International Finance Corporation (IFC) has offered the Senegalese subsidiary of French cement manufacturer...
Industry
06/09/2022 at 20h22, by Africa Business+
Mira Cement aims for a 35% share of the Cameroonian market
The Lebanese-Chinese cement company has set this goal after investing nearly 30 billion CFA francs to...
Agri-food industry
06/01/2022 at 16h47, by Africa Business+, updated 07/01/2022
Abdul Rabiu’s projects for BUA Foods after listing on NGX
According to Africa Business+ sources, the Nigerian billionaire held the vast majority of the company’s...
Industry
01/09/2020 at 08h26, by Africa Business+
BUA (A. Rabiu) encroaches on Dangote’s territory with refinery project supported by Axens
On 1 September, the Nigerian giant founded by Abdulsamad Rabiu and Dangote’s competitor, confirmed the...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.