M a r k e t N e w s

Dangote Cement Open New $300 Million Cement Plant in Congo

Posted on : Friday , 12th January 2018

 Africa’s largest cement company, Dangote Cement Plc has stepped up their efforts for the economic emancipation of Africa by opening a cement plant in Mfila Congo Brazzaville. The plant will be equipped with a production capacity of 1.5 million tonnes per annum.

 

This new plant is valued at $300 million and will employ as many as 1000 employees directly and many more thousands indirectly. President Sassou Nguesso inaugurated the plant said that this investment will spark an industrial reveloution within the the Economic Community of the Central African States (CEMAC).

 

The Congolese President, Nguesso described Dangote Cement’s arrival on the scene as timely and encouraging.

 

Mohammadu Buhari, Nigerian President, who was represented at the event by a powerful delegation led by the Minister of Mines and Steel Development, Dr Kayode Fayemi applauded Dangote cement owner, Alhaji Aliko Dangote for the construction of cement plants across several African countries saying the accomplishment makes the Dangote Cement brand, and Aliko Dangote himself, worthy ambassadors of Nigeria.

 

“I believe that it is only home-grown practical solutions that can address the myriad issues plaguing Africa today and one of such challenges that Africa has been grappling with for decades is the infrastructure deficit. I am confident that massive investments in cement production, which is a key driver of infrastructural development, will contribute in no small measure, to addressing this perennial problem,” said Buhari.

Source : www
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