BUA Industries Secures $200m Facility From Afreximbank

BUA Industries Secures $200m Facility From Afreximbank …C0NTINUE READING HERE >>>

African Export-Import Bank (Afreximbank) has approved a US$200 million Corporate Finance Facility for BUA Industries Limited to support its expansion plans.

BUA, a Nigerian conglomerate with diversified business interests in sugar and cement manufacturing, flour milling, oil milling, port logistics, real estate development, oil and gas, and shipping, received the first tranche of $150 million on October 16, 2024.

Speaking on the transaction, Abdul Samad Rabiu, CFR, CON, Chairman of…

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