AFRICANGLOBE – Nigeria’s largest cement manufacturer, Dangote Cement, is fast on track to expand into 13 other African nations as production on a $150 million plant in Cameroon has commenced. The company added in a statement on Tuesday that it has also inaugurated a further 1.5 million Metric Tonnes Per Annum (mmtpa) capacity to its Senegal plant in Pout this January.
Aliko Dangote, the owner of Africa’s largest industrial conglomerate, Dangote Group, told a delegation from an Organised Private Sector that the new facility in Cameroon will start off with an initial annual capacity of 1 million tonnes of cement. The set 1.5mmtpa capacity will be achieved in the coming years.
Dangote Cement is Africa’s biggest cement producer, recording a turnover of N386.2 billion ($2.3 billion) in 2013. Should Dangote succeed in his audacious expansion plans, his total cement production will climb to 60 million tons, by far the most in Africa. Dangote Cement will also become one of the world’s biggest cement manufacturers.
By: Felicia Omari Ochelle