Expanding into Liberia raises Dangote’s production capacity drawing it closer to its aim of being the biggest cement producer in Africa. Dangote cement currently produces about 40 million tonnes of cement per annum.
Browsing: Dangote Group
“Consequently upon the foregoing therefore, your company is hereby ordered to immediately stop all mining activities at the identified spot and any other part of the area of the 2541ML, evacuate all your mining machineries/equipment and vacate the mine site. This order is issued in accordance with the provisions of section 146(4) of the Act.”
They stated that the plant would commence commercial operations in 2021, in addition to unlocking investments in power transmission infrastructure.
“Beginning in 2020, 60 per cent of our future investments will be outside Africa, so we can have a balance,” said Dangote, who is worth $11.1bn, according to Bloomberg’s Billionaires Index.
“The project, to be jointly financed by Dangote Industries Limited and the Black Rhino Group, is expected to provide state of the art renewable energy plant. It will convert the abundant energy of the sun into high quality clean electricity,” he said.
He added that the state government was targeting over 2,000 direct and indirect jobs in its new cement factory which will be built through public-private partnership (PPP).
29 May 2017, Sweetcrude, Lagos – The Nigerian Content Development and Monitoring Board, NCDMB, and Dangote Industries Limited are collaborating…
16 May 2017, Sweetcrude, Lagos – The Nigerian Ports Authority (NPA) said it would raise N4.3 billion to reconstruct access…
“What Dangote is doing is marvelous. We need to commend them. The way they led the backward integration policy to turn around our fortunes in the cement industry. I am delighted to see the development here bigger that what I saw the last time. And we are looking at how we can replicate the successes in the cement industry in other non-oil sectors of our economy.”
18 November 2016, Abuja – The four refineries belonging to the Federal Government may end up as scrap once the…
