Dangote to build cement factory in Congo

0
SHARE

Dangote Group has announced its plan to build a cement factory in Yamba, southern Congo, in an investment worth $292.9 million, its Chief Executive Officer, Aliko Dangote, has said.

Dangote spoke after a meeting with Congolese President Denis Sassou Nguesso, according to a statement from the presidency.

Construction work for the factory, which will produce over 1.5 million tonnes of cement per year and create more than 650 jobs, will span two and a half years.

Dangote’s investment projects across Africa, specifically in South Africa, Ethiopia, Zambia, Senegal, Mozambique and Cameroon, are worth $10 billion.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.