Dangote Cement would on Thursday in Congo inaugurates its 1.5 million metric tonnes per annum capacity Cement Plant valued at $500m. The plant, described as the largest in Congo, rolled out its first bag of cement on August 7 and is expected to create about 1000 direct and indirect jobs. According to the statement, the Congo Plant commissioning will make 10 fully operational Dangote Cement Plants across Africa. It said that Dangote Cement maintained its stronghold in the domestic cement market accounting for 65 per cent of local cement market while Pan-African volumes went up by 7.5 per cent to 7.0 mta. “Our Pan-African operations are performing strongly with excellent sales growth in Cameroon, Ethiopia and Senegal.

Source: Punch November 21, 2017 06:11 UTC