Construction work at Dangote cement plant in Mtwara, Tanzania, which will produce three million metric tons of cement per annum, is on schedule and will be completed end 2015.
The company is investing a half a billion dollars in the project which will turn Mtwara town, into a booming city.
In its annual report, Dangote Cement Plc said, it has invested over 1bn US dollars in Sub Saharan Africa during the last fiscal year.
It further noted that Dangote Cement is achieving steady progress with building projects in other African countries. In Ethiopia, work is well underway to build a 2.5mta plant at Mugher, with plant installation expected to be completed by the end of this year.
In Zambia, work is under way on a 1.5mta plant at Ndola, with cement production expected late in the second half of 2014. The group is reviewing plans for Kenya with a view to increasing the scale of the proposed factory from 1.5mta to 3.0mta.
“This is because we are confident there will be sufficient demand both in Kenya and neighbouring countries. We have secured a prospecting licence and are now in the process of upgrading it to a mining licence,” the report said.
In South Sudan, we have put our plans on hold owing to the unfavourable political and conflict situation at present. Building work is progressing with a 1.5mta grinding plant in Cameroon, with production expected to commence in October. In Congo Dangote Group is building a 1.5mta plant due to open in 2016.
“Along the coast of West Africa, we plan to build import and grinding facilities to receive and process raw materials supplied from Nigeria, Senegal and elsewhere.
Work in Sierra Leone is nearing completion and we now anticipate it will commence operations in the final quarter of 2014,” the report said.
The Dangote Group aims to expand across Africa and increasing its capacity to 29 million tpa by 2015
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