Business
Dangote Cement: Africa expansion on schedule
In South Sudan, we have put our plans on hold owing to the unfavorable political and conflict situation that exists in the country at present. Building work is progressing with a 1.5mta grinding plant in Cameroon, with production expected to commence in October 2014. In Congo we are building a 1.5mta plant due to open in 2016.
“Along the coast of West Africa, we plan to build import and grinding facilities to receive and process raw materials supplied from Nigeria, Senegal and elsewhere. Work in Sierra Leone is nearing completion and we now anticipate it will commence operations in the final quarter of 2014,” the report said.
According to the Dangote Group founder and CEO Aliko Dangote, the on going investments are in line with the group’s aim of expanding across Africa and increasing its capacity to 29 million metric tons per annum by 2015.
