BUA Group announces expansion into packaging materials manufacturing; partners with Austria’s Starlinger
Dubai, UAE – December 5th, 2024 BUA Group, one of Africa’s largest foods, mining, manufacturing, and industrial conglomerates, has signed an agreement with Starlinger & Co. Limited of Austria, a leading global supplier of machinery for the production of packaging materials, in a strategic move to expand into the production of high-quality packaging materials. The […]
BUA Industries secures US$200 million Facility from Afrexim Bank to support Expansion Plans
Cairo, Egypt – 11th November, 2024 African Export-Import Bank (Afreximbank) has approved a US$200 million Corporate Finance Facility in favour of BUA Industries Limited to support its expansion plans. BUA is a Nigerian conglomerate with diversified business interest spanning across, sugar and cement manufacturing, flour milling, oil milling, port logistics, real estate development, oil and […]
ASR Africa strengthens the capacity of 100 widows with business management skills under its widows support grant
As a follow up to the ASR Africa Widows Support Grant, awarded to One hundred widows earlier in the year, ASR Africa and its partner- the International Women’s Society (IWS) has conducted business management training for the beneficiaries. This event became necessary in ensuring that the widows fully utilize the grant, streamline their operations, acquire […]
BUA Cement Plc Records Strong Revenue Growth of 27.4% To N460 Billion, Appoints New Directors
THURSDAY 29, 2024 | ABUJA, NIGERIA BUA Cement held its 8th Annual General Meeting today. According to the financial report presented by the Board of the company, it recorded a strong revenue growth of 27.4% to N460 billion (2022: N361 billion), resulting from its increasing market share. However, with the devaluation of the Naira in June […]
BUA Foods to Expand Its Wheat Flour Milling Capacity to 2.5million MTpa, Signs Agreement with IMAS of Türkiye
Tuesday 20th August, 2024 BUA Foods Plc, one of Nigeria’s leading food manufacturing companies, has signed an agreement with IMAS, a prominent Turkish flour milling equipment manufacturer, to build four (4) state-of-the-art wheat and flour milling factories with a cumulative milling capacity of 3,200 tonnes per day. This transformative move is part of BUA Foods […]
BUA Group to build 700 tons per day mini LNG project, signs agreement with CIMC ENRIC in partnership with AXXELA Group
Lagos, Nigeria – December 18th, 2023 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 which took place on Monday, […]
ASR Africa, USAID deliver 10 Tuberculosis DOTS Centers to Curb Tuberculosis and HIV/AIDS in Nigeria with US$500,000 ASR Africa Donation
Lagos – December 12th, 2023 The Abdul Samad Rabiu Africa Initiative (ASR Africa), a leading philanthropic organization committed to delivering sustainable impact in health, education, and social development across the continent of Africa, in partnership with the United States Agency for International Development (USAID) has completed the renovation of ten Tuberculosis Directly Observed Treatment Short-Course […]
ASR Africa Commences the Construction of N2.5 Billion Oncology Centre in Ilorin with a Groundbreaking Ceremony
Ilorin, Kwara State – October 6, 2023 The groundbreaking ceremony of the state-of-the-art 2.5 Billion Naira Oncology Centre which will provide services for the entire West African region took place today in Ilorin, Kwara State, Nigeria. The health facility is one of many tertiary-level health interventions of the Abdul Samad Rabiu Africa Initiative (ASR Africa) […]
BUA Group, FG Flag-Off N116bn Construction Of 132kilometres Kano-Kazaure-Kongolam Dual Carriage Road Under Presidential Executive Order 007
L-R: Minister of Water Resources, Engr Suleiman Adamu, Minister of Works and Housing, Babatunde Raji Fashola (SAN), Group Executive Director, BUA Group, Kabiru Rabiu, and Minister for State (Works & Housing), Hon. Umar Ibrahim El-Yakub at the official flagoff of the N116billion, 132km Kano-Kongolam dual-carriage highway being constructed by BUA Group under Presidential Executive Order 007. Kazaure, […]
ASR Africa, BUA Foundation Approve N1.5billion Grant for Development Projects In Ibese, Igbogila, Ilaro, Others in Yewaland, Ogun State
From Left:Oba Engr. G. Olalowo, Ademeso of Igan-Alade-Yewa; Oba M. Dosumu, Onigua of Egua-Yewa; Oba Kehinde Olugbenle, the Olu of Ilaro and Paramount Ruler of Yewaland; Ubon Udoh, Managing Director, ASR Africa and O’tega Ogra, General Manager & Group Head Corporate Communications, BUA Group at the presentation of N1.5bn social and infrastructure development grants to […]