Aliko Dangote To Launch $400 Million Cement Plant In Zambia

A $400 million cement plant in Zambia owned by Dangote Group will be commissioned and commence operations by the end of March, according to a report by the Lusaka Times.

Speaking to a group of Journalists on Thursday at departure at Simon Mwansa Kapwepwe International Airport in Ndola, Aliko Dangote, Africa’s richest man and owner of the Dangote Group, said that the commissioning of the new cement plant which is located in Masaiti district in the Copperbelt, had been delayed as a result of flooding and a delay in getting the requisite permits from the Zambia Environmental Management Agency (ZEMA).

“Hopefully, we will start production in the next two to three weeks or so and I think we are overcoming that. But the rainy season this year has been very intense which has given us a lesson to protect ourselves next time we are in operations. So by and large, we are pushing and the team will try and deliver the factory by the end of this month, our power is already on so we are making good progress,” Dangote said.

Once operational, the Dangote Cement Plant will have a production capacity of 1.5 million tonnes annually and will create at least 1,000 jobs.

Meanwhile, Dangote is constructing another Cement Plant in Chilanga, a small town 20 km south of Zambia’s capital city, Lusaka. The cement plant in Chilanga will cost an estimated $420 million.

“We have made good progress on the plant in Lusaka, we have already got permission to get into the land and start mining, so hopefully the same contractor might move there and build an identical plant with the one in Masaiti,” Dangote said.

Aliko Dangote has been Africa’s richest man for the past 5 years. His current fortune is estimated at $15.9 billion derived from investments in cement, sugar and flour.

Zambia

Africa richest man, na u fit do ham but na 4 naija u 4 do ham to create employment to the unemployed.

Yes o

D guy dey vex

Na so bro, coz he knew jonah go loose the election and GMB go give some ppl opportunity to import & export goods instead of only him.
#GBEGE

Na naija we dey o...

I know bro, wettin go happen ?

May God blessed Africa. Amen

Big investiment

eddyvic wrote:

Na so bro, coz he knew jonah go loose the election and GMB go give some ppl opportunity to import & export goods instead of only him.
#GBEGE

u av turn this to election

aneke peter chukwujekwu wrote:

eddyvic wrote:

Na so bro, coz he knew jonah go loose the election and GMB go give some ppl opportunity to import & export goods instead of only him.
#GBEGE

u av turn this to election

Dat's under must, he wil loose

U guys always take medicine after death

aneke peter chukwujekwu wrote:

U guys always take medicine after death

Wot do u see?

OLOBE wrote:

aneke peter chukwujekwu wrote:

U guys always take medicine after death

Wot do u see?

nothing bro.

delafirst wrote:

May God blessed Africa. Amen

Amen

aneke peter chukwujekwu wrote:

eddyvic wrote:

Na so bro, coz he knew jonah go loose the election and GMB go give some ppl opportunity to import & export goods instead of only him.
#GBEGE

u av turn this to election

Can't u see it look alike ?

aneke peter chukwujekwu wrote:

U guys always take medicine after death

Hmm