Dangote Cement Plc would on Thursday inaugurate a cement plant worth $500m in Congo. The Company made this known on Monday in a statement released to newsmen in Lagos. The statement hinted that the plant would produce 1.5 million metric tons of cement per annum upon commissioning.
The plant which is currently the largest in Congo will create about 1000 direct and indirect jobs. The statement read;
“Our Pan-African operations are performing strongly with excellent sales growth in Cameroon, Ethiopia and Senegal. We are consolidating our success across Africa through commissioning of our 1.5Mta factory in Congo, the tenth country in which we have established operations.
In our key operations in Nigeria, we have significantly improved our fuel mix and this has helped increase margins across the Group. It is especially good for Nigeria because most of the coal we are using is mined in our own country.”
