Nigeria’s largest cement manufacturer, Dangote Cement, said it intends to double its production capacity across Africa in 2014 to 40 million metric tons (44.092 million tons).
This was disclosed by the company’s Chief Executive Officer, Devakumar Edwin, who said that nine million tons would be added by the firm to its operations in Nigeria, which would make up a capacity of 29 million tons.
The company would also commission plants across the continent that has been in the making for several years. This, he said, will add a further 11 million tons.
“The key driver is the increase in volumes,” said Devakumar, who added that although the company has focused on cost control, it has also ensured to focus on volume growth, which has increased profits.
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