@founded: At 24, Abdul Samad Rabiu came home to save a collapsing family business. Four decades later, his fortune briefly approached $20 billion. His father had been detained. Operations were falling apart. Suppliers were losing confidence. Rabiu rebuilt trust, stabilized the company, then launched BUA International in 1988. First came steel. Then sugar. Then cement. BUA developed one of sub-Saharan Africa’s largest sugar refineries and invested $900 million into cement production. Even when currency losses erased his billionaire status, he kept building quietly. By 2025, BUA Foods’ profit had surged 95%. BUA Cement’s jumped 382%. He returned home to protect a family legacy, and turned it into one of Africa’s most powerful business empires.
FOUNDED
Region: AL
Sunday 02 August 2026 12:01:21 GMT
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