Dangote Group has launched a 1.5 million metric tonnes per annum (mmtpa) capacity cement plant valued at $400 million in Zambia.
The project was inaugurated by Zambian President, Edgar Chagwa Lungu, at Masasiti district, Ndola, Zambia.
President of Dangote Group, Aliko Dangote, in his speech, said the Zambian Cement Plant is the sixth out of his 14 cement plants in Africa to have started productions, adding that four new plants would be inaugurated before the end of this year.
He said “We are spearheading the economic revolution in several African countries; we are a strong advocate of Africans investing in Africa.”
Vice-President Yemi Osinbajo, Edo State Governor, Adams Oshiomhole and his wife; Tony Elumelu, Chairman UBA Plc; and Chief Kola Jamodu, Chairman Nestle Nigeria Plc; Niyi Adebayo, former Governor Ekiti State, among other VIPs from Nigeria and Zambia were present at the event.