Nigeria and Africa’s richest business mogul, Aliko Dangote, announced on Tuesday that his conglomerate, Dangote Group, plans to build a cement factory in Yamba, southern Congo, in an investment worth 292.9 million dollars, Business Day reports.
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.
Read the full article here: http://businessdayonline.com/2014/02/dangote-to-build-292-9-million-cement-plant-in-congo/
