18/02/2026
Rabiu Abdulsamad, a Nigerian businessman, has advanced to become Africa's fourth richest person with a net worth of $11.3 billion, surpassing Naguib Sawiris.
This milestone also positions Abdulsamad as the world's 302nd wealthiest person, based on Bloombergโs Billionaire Index.
His financial growth was powered by significant successes in his company, BUA Foods Plc, which recorded a 91% increase in profit after tax during the fiscal year.
BUA has engaged in strategic partnerships and infrastructure advancements in various sectors, enhancing operational capacity and market reach.