Dangote seeks Zimbabwe investments in cement

Dangote Cement may start building a $40 million, 1.5 million tonne-a-year cement plant by the first quarter of 2016, if all the necessary approvals are received.

Dangote Industries may invest in Zimbabwean power generation through Black Rhino Group, a $5 billion African infrastructure fund in which US private-equity group Blackstone Group is a co-investor.

A potential power investment in Zimbabwe could be “huge,” said Aliko Dangote.

Dangote Cement last week signed contracts with Chinese construction company Sinoma International Engineering to add 25 million tonnes in 11 countries.

Dangote said at the time he expects to reach more than 70 million tonnes of capacity once the projects are completed. A Zimbabwean plant would help reach the next milestone of 100 million tonnes of cement capacity by 2020, he said on Monday.

(Visited 95 times, 1 visits today)

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.