Abdul Samad Rabiu Archives -

BUA secures 0M Afreximbank funding for expansion

BUA secures $200M Afreximbank funding for expansion

NewsDesk1 month ago1 month ago02 mins

BUA Industries Limited has secured a significant financial boost for its expansion, as the African Export-Import Bank approved a $200 million corporate finance facility to support the company’s growth plans. The first tranche of $150 million was disbursed on 16 October 2024. Speaking on the partnership in a statement made available to our correspondent on…

BUA to establish 700-ton-per-day gas plant

Yusuf Issa An-Nuphawi1 year ago1 year ago02 mins

BUA Group, one of Africa’s largest foods, mining, manufacturing, and industrial conglomerates, has signed an agreement with CIMC ENRIC, a global leader in the energy equipment industry, in partnership with Axxela, to establish a 700-ton-per-day mini LNG project in Nigeria. At a signing ceremony on Monday, the Chairman of BUA Group, Abdul Samad Rabiu, said…

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Abdul Samad Rabiu

BUA secures $200M Afreximbank funding for expansion

BUA to establish 700-ton-per-day gas plant