BUA Group Chairman, Rabiu, Calls for Shift from Extraction to Value Addition
The Founder and Executive Chairman of BUA Group, Abdul Samad Rabiu, has called for a decisive shift in Africa’s development strategy, urging governments, financiers, and the private sector to move the continent from raw material extraction to large-scale industrial processing and value addition.
Rabiu made the remarks as Special Guest of Honour at an Africa Finance Corporation (AFC) forum during the Mining Indaba 2026, where African leaders, policymakers, financiers, and industry executives gathered to discuss the future of mining, industrialisation, and real sector development on the continent.
In commending the AFC for its role in mobilising long-term capital for Africa’s industrial sectors, a statement quoted Rabiu as noting that the institution’s leadership and recent S&P Global rating with a positive outlook underscored the importance of strong development finance institutions in shaping Africa’s growth trajectory.
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