Aliko Dangote opens the biggest cement plant in Nigeria

By Bizclik Editor

 

Africa’s richest man, Aliko Dangote, has opened the largest cement factory in sub-Saharan Africa. The Obajana plant in the central Kogi State is expected to produce about 10 million tonnes of cement a year and is one of the country’s biggest investments outside the oil sector in recent years.

The opening of the plant has been described by Nigeria’s President, Goodluck Jonathan as a “quantum leap” for Nigeria’s cement sector. In recent years, the Dangote Group has invested more than $6.5bn (£4.2bn) in the sector and has plans to expand the Obajana plant to make it the world's biggest.

According to reports Nigeria’s economy is expected to grow by approximately six percent this year.

Share

Featured Articles

Top 10 metaverse projects in the UAE, including world firsts

As Accenture predicts the metaverse will fuel a US$1 trilion commerce opportunity by 2025, we round up 10 pioneering metaverse projects in the UAE

PwC’s survey shows Middle East CEOs remain upbeat on growth

CEOs in the Middle East are far more optimistic about regional growth than those in North America and Europe, according to PwC’s annual survey

Opinion: “Why we must tackle the digital skills crisis"

Upskilling for the digital world isn’t complicated but it is urgent, argues Tom Moore, CEO of WithYouWithMe – a social impact tech firm founded by veterans

5 Mins With: Kathryn Kaminsky Vice Chair Trust Solutions PwC

Leadership & Strategy

Survey: The Future of Cloud Security in the Middle East

Technology

Deloitte US Chief Purpose Officer on driving impact at scale

Leadership & Strategy