Dangote sees Malawi as an investment opportunity

15 June 2015

Aliko Dangote, Africa’s richest man, is looking to invest in Malawi.

Malawi’s Minister of Industry and Trade, Joseph Mwanamvekha, told Journalists that the Nigerian billionaire will be visiting Lilongwe, the country’s capital, for talks with President Peter Mutharika on potential investments and to attend the first-ever Malawi Investment Forum scheduled for the 29th to 30th June.

Dangote is aggressively expanding his business empire across several African countries. If he invests in Malawi, it would be his third investment in the South African region. He already has a substantial stake in South African cement manufacturer Sephaku Cement and is building a cement plant in Zambia.


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