Thursday, November 07, 2013

Aliko Dangote's Rival ,Abdulsamad-Rabiu Emerges Forbes’ Newest Billionaire





Fifty-three-year-old Abdulsamad Rabiu, a Nigerian business tycoon, has emerged as Forbes Newest Billionaire in the November issue of the magazine.

Here’s an excerpt from the feature:
“An investigation by FORBES AFRICA turned up a string of assets. The BUA Group has interests in key sectors similar to those of countryman, Aliko Dangote, Africa’s richest man. They include cement, sugar and flour. Through the group’s subsidiaries it does business in real estate, steel, port concessions, manufacturing, oil, gas and shipping.
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