The 10 richest billionaires in Africa in November 2026
Aliko Dangote's fortune has jumped to $55.4 billion, lifting the combined wealth of Africa's 10 richest people to $142.5 billion in November 2026.
Abdul Samad Rabiu
Nigerian billionaire Abdul Samad Rabiu's BUA Foods posts $330 million nine-month profit
BUA Foods, controlled by Nigerian billionaire Abdul Samad Rabiu, raised nine-month profit 11% to ₦450.5 billion as lower costs lifted its margins.
Nigerian billionaire Abdul Samad Rabiu's BUA Cement posts $339 million nine-month profit
BUA Cement, controlled by Nigerian billionaire Abdul Samad Rabiu, lifted nine-month profit 60% to ₦463.1 billion as revenue topped ₦1 trillion.
Nigerian billionaire Abdul Samad Rabiu no longer needs central bank for dollars
Billionaire Abdul Samad Rabiu says he once visited Nigeria's central bank every two weeks for dollars. Now companies buy them from banks at market rates.
Nigerian billionaire Femi Otedola hosts Dangote, Rabiu at dinner for Lagos governor hopeful
Femi Otedola hosted Aliko Dangote and Abdul Samad Rabiu at a dinner honouring Obafemi Hamzat, the ruling party's candidate for Lagos governor in 2027.
Nigerian billionaire Abdul Samad Rabiu's charity launches program for young doctors
ASR Africa, the foundation of Nigerian billionaire Abdul Samad Rabiu, has launched a program to prepare final-year medical students for clinical work, starting in Maiduguri.
Nigerian billionaires Dangote and Rabiu face a Chinese-owned rival as cement prices double
HBM Nigeria, formerly Lafarge Africa and now owned by China's Huaxin, wants distributors with N250 million each as cement tops N12,500 a bag.
Aliko Dangote is worth $51.3 billion, more than twice Nigeria's other billionaires combined
Forbes puts Aliko Dangote at $51.3 billion on Sept. 14, against $21.1 billion for Abdulsamad Rabiu, Mike Adenuga and Femi Otedola combined.
Nigerian billionaire Abdul Samad Rabiu is building 120 homes for junior soldiers
Nigerian billionaire Abdul Samad Rabiu is privately funding 120 homes for junior Nigerian Army personnel, a ₦2 billion project now 85 percent complete.
Nigerian billionaire Abdul Samad Rabiu's BUA Foods lifts half-year profit 12% to $210 million
BUA Foods lifted half-year profit 12.4% to ₦292.27 billion as gross margins widened sharply, taking Abdul Samad Rabiu's stake to $11.26 billion.
Nigerian billionaire Abdul Samad Rabiu's BUA Cement lifts half-year profit 80% to $237 million
Abdul Samad Rabiu's BUA Cement lifted half-year profit 80% to $237 million as bulk cement revenue jumped from almost nothing a year earlier.
Billionaire Abdul Samad Rabiu's BUA Foods embarks on largest expansion in company history
BUA Foods, controlled by billionaire Abdulsamad Rabiu, has begun the largest expansion in its history, entering the noodles market and scaling wheat milling capacity.
Africa's 3rd richest man Abdul Samad Rabiu loses $1 billion as Nigerian stocks suffer their worst day of 2026
A brutal session on the Nigerian Exchange erased more than a billion dollars from the BUA Group founder's fortune, reshuffling Africa's wealth rankings overnight.
Nigerian billionaire Abdul Samad Rabiu relaunches BUA Rice with son in charge
Abdulsamad Rabiu's BUA Foods has relaunched BUA-branded rice into Nigerian markets as his son Isyaku Khalifa Rabiu takes charge of the group's global procurement and supply chain.
Nigeria's 2nd richest man takes delivery of $81 million Bombardier Global 8000
Abdul Samad Rabiu has taken delivery of a Bombardier Global 8000 worth $81 million (N110 billion), the world's fastest business jet, completing an order he signed in December 2025.
Nigerian cement billionaires win big as Dangote, BUA and Lafarge post $554 million in combined Q1 profits
Nigeria's three biggest cement producers posted a combined N762.97 billion in first-quarter profits in 2026, a 57 percent jump driven by elevated cement prices.