Dangote Group is poised to cement its position as the second-largest employer of labor in Nigeria.
JGC is one of Ghana’s most diversified holding companies.
Rabiu's net worth increased from $5.6 billion to $7 billion in less than a month.
Otedola is the largest shareholder in FBNH with a sizable stake of 5.57 percent.
Dangote's 86-percent stake in his cement company is worth $8.64 billion.
Shoprite Nigeria is owned by Ketron Investment Limited, an investment group led by Amusan.
None of Dangote Cement's directors will take part in the share buyback program.
Rabiu's participation in the fundraising comes after he established the $23.8-million Nigeria Security Support Fund.
Darwish owns 3.5 percent of IHS Holdings.
Rone said the facility will be an enabler of industry expansion.
