As part of its expansion plan in Africa, Dangote
Cement Plc has unveiled plans to commission its 2.5million mtpa cement plant in
Ethiopia as the company inches towards its 40million mtpa global total
production capacity target before the end of 2015
Cited in Mugher District, the Prime Minister of the Federal Democratic Republic
of Ethiopia, Haile Mariam Desalegne is expected to perform the opening
ceremony.
Guardian reports that, A statement from the
Dangote Group indicated that the its cement plant, adjudged to be the single
largest investment by an African, will be the fifth in the series of the
offshore plants of the company that have rolled out cement within the last one
year in the continent, after Senegal, Cameroon, South Africa and Zambia.
The group added that
nine other countries have cement plants that are in various stages of
construction.
“The company is
investing $5 billion to build an African cement empire, with factories plants
in 14 African countries.
“Recently, its $300
million Greenfield cement plant in Senegal rolled products into the market in
that country with the Senegalese government promising assistance required for
Dangote Cement to perform maximally as its entry into the Senegal has stir up
economic activities”, the statement read in part.
Nigeria Ambassador to
Senegal and Mauritania, had said: “I am very proud of what Dangote is doing by
promoting intra -African investments, promoting regional development,
industrialisation and cohesion among African nations with his investments.
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