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Dangote To Launch 500 Million Dollars Cement Plant In Congo

Alhaji Aliko Dangote, President of Dangote Group will on Thursday 23rd November, 2017 inaugurates 1.5 million metric tonnes per annum capacity Cement Plant valued at 500 million dollars in Congo.

Alhaji Aliko Dangote, President of Dangote Group

This was revealed in a statement to newsmen on Monday 20th November, 2017 in Lagos. The plant is described to be the largest in Congo and is expected to create about 1000 direct and indirect jobs.

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Sequel to the statement, the Congo Plant commissioning will make 10 fully operational Dangote Cement Plants across Africa. Dangote Cement has maintained its stronghold in the domestic cement market accounting for 65 per cent of local cement market while Pan-African volumes went up by 7.5 per cent to 7.0 mta.

The statement further reads: “Our Pan-African operations are performing strongly with excellent sales growth in Cameroon, Ethiopia and Senegal.”

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“We are consolidating our success across Africa through commissioning of our 1.5Mta factory in Congo, the tenth country in which we have established operations.”

“In our key operations in Nigeria, we have significantly improved our fuel mix and this has helped increase margins across the Group. It is especially good for Nigeria because most of the coal we are using is mined in our own country.”