Business

Dangote to Build $600m Cement Factory in Kenya

President of the Dangote Group, Aliko Dangote has disclosed that his conglomerate is planning to build a $600 million cement plant in Kenya.
 
The Group Chief Executive made this disclosure during the visit of the Kenyan Deputy Prime Minister, Wiliam Ruto, to Dangote Cement Obajana plant in Kogi State last weekend.
 
Mr. Dangote said the three million metric tons factory may start operation very soon because preparatory arrangements have commenced.
 
He expressed satisfaction with the level support and partnership from the government of Kenya.
 
Speaking, Kenyan Deputy Prime Minister said he was impressed with what he saw at the Obajana factory, which is considered to be one of the biggest cement factory in the world.
 
He said: “I am now convinced that we are dealing with the right person. I am really impressed with what I have seen here. I am convinced that as soon as the remaining two licenses are secured and the company is established it will create jobs for our people back home.
 
“I also want to assure Alhaji Aliko Dangote that Kenya is a peaceful and friendly country to do business,” he said.
 
On the entourage of the Deputy Prime Minister are: the Kenya’s Secretary of Information and Communication, Dr Fred Natiang; Secretary of Industrialization Mr. Adam Muhammad; Chief of Staff to Deputy PM, Mr. Marrianne Keitanany, Director of Communication Mr. Emmanuel Talam, Secretary of Policy Mr. Peter Karinki, member of parliament Hon. Annah Kenyata and Special Adviser to the Prime Minister Mrs Phannie Mogaka.
 
Dangote Cement Plc has three plants in Nigeria. They are the Obajana Cement Plant which produces about 10.25million metric tons, the Ibese plant which produces 6million metric tons and the Gboko plant which produces about 4million metric tons.
 
The cement company also has presence in some 13 African countries which include: Tanzania, Niger Republic, Ghana, South Africa, Cameroon and Zambia among others. Other African leaders have also been visiting Dangote cement to appreciate the business mogul’s claim on his preparedness to expand the cement business to their countries.
 

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