- Dangote Cement Plc is set to commission its new plant in Cameroon with a total capacity of 1.5mmtpa, today (Thursday).
It had last month disclosed plans to expand the output from its Douala, Cameroon plant from the current 1.5 million metric tonnes per annum to three million metric tonnes by investing in a similar plant in Yaoundé. - The company has also expanded its frontiers to Asia, by constructing a 3 million metric tons per annum (mmtpa), Cement Plant in Nepal, as part of its new investment of $4.34 billion into 10 African countries
- Chairman of Dangote Cement, Aliko Dangote, revealed this at the signing ceremony of the new plants to be constructed, in partnership with construction firm, Sinoma.
Chatting with newsmen after the signing ceremony, Dangote said: “…We are not only building cement plants in Africa, we have gone far away to NEPAL to build a 3 million metric tons Cement Plant capacity and by the time all these our new projects are completed in the next two years, Dangote Cement will have more than 70 million capacity but we are not going to stop there, hopefully, by 2020, our targets is getting to somewhere around 100 million tons capacity. I can assure you categorically that Africa will not lack cement now and even in the future…Africa will be self -sufficient rather than be a dumping ground for other manufacturers of cement.”
- The new Plants for which agreement was signed was on the construction of the following Plants: 3mmtpa in Nepal, 2.5mmtpa in Ethiopia, 3mmtpa in both Kenya 1&2; 1.5mmtpa in Zambia; 1.5mmtpa in Senegal, 1.5mmtpa in Niger, 1.5mmtpa in Mali, Cameroon, Cote D’Ivoire and Ghana also have Plants of 1.5mmtpa capacity respectively.