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  Dangote commissions $400m cement plant in Zambia

The Dangote Group strengthened the bilateral trade between Nigeria and Zambia, with the official opening of the Dangote Cement Plc’s $400 million cement plant that has an installed capacity of 1.5 million metrics tonne per annum and a 30 megawatts coal plant, to power the factory.

Zambian President, Edgar Lungu, commissioned the Greenfield project sited at Masasiti district, Ndola, Zambia on 4th August. Top dignitaries including Nigeria’s Vice President, Prof. Yemi Osinbajo; captains of industry, diplomats and politicians from both countries, graced the occasion.

In his remarks at the occasion, the President/Chief Executive of the Group, Aliko Dangote, said his company decided to invest in Zambia owing to the enabling environment in place and the country’s unique socio-economic status. Nearly one-half of Zambia’s 14.5 million people live in urban centres, while the rural areas are under-populated. This makes Zambia one of sub-Saharan Africa’s most highly urbanised countries.

He added: “This high level of urbanisation invariably requires massive investments in infrastructure to keep pace with the rate of growth and development.”


Publication date is 9/11/2015



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