Dangote to build $600m cement factory in Kenya

04 March 2014

President of the Dangote Group, Aliko Dangote has disclosed that his conglomerate is planning to build a $600 million cement plant in Kenya.

The Group Chief Executive made this disclosure during the visit of the Kenyan Deputy Prime Minister, Wiliam Ruto, to Dangote Cement Obajana plant in Kogi State on Friday.

Dangote said the three-million metric ton factory may start operation very soon because preparatory arrangements have commenced.
He expressed satisfaction with the level support and partnership from the government of Kenya.

The Kenyan Deputy Prime Minister was impressed with the Obajana factory, considered to be one of the biggest cement factories in the world.

“I am now convinced that we are dealing with the right person. I am convinced that as soon as the remaining two licenses are secured and the company is established it will create jobs for our people back home,” he said.

“I also want to assure Alhaji Aliko Dangote that Kenya is a peaceful and friendly country to do business.”

Dangote Cement Plc has three plants in Nigeria. They are the Obajana Cement Plant which produces about 10.25 million metric tons, the Ibese plant which produces 6 million metric tons and the Gboko plant which produces about 4 million metric tons.

The cement company also has presence in some 13 African countries, including: Tanzania, Niger Republic, Ghana, South Africa, Cameroon and Zambia among others. Other African leaders have also been visiting Dangote cement to appreciate the business mogul’s claim on his preparedness to expand the cement business to their countries.

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