https://en.sputniknews.africa/20250216/nigerian-billionaire-dangote-plans-to-double-production-of-cement-in-ethiopia-1070678993.html
Nigerian Billionaire Dangote Plans to Double Production of Cement in Ethiopia
Nigerian Billionaire Dangote Plans to Double Production of Cement in Ethiopia
Sputnik Africa
Aliko Dangote's Dangote refinery in Nigeria, the largest on the continent, began producing petrol on September 3, 2024, providing a potential solution for the... 16.02.2025, Sputnik Africa
2025-02-16T14:27+0100
2025-02-16T14:27+0100
2025-02-17T18:01+0100
sub-saharan africa
aliko dangote
ethiopia
nigeria
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Aliko Dangote, Chairman and CEO of Dangote Group, announced plans to double cement production capacity in Ethiopia, increasing Dangote Mugher cement output from 2.5 million tons to 5 million tonnes annually by building a new grinding unit near Addis Ababa.The company also plans to invest in Ethiopia's sugar industry, leveraging its Nigerian experience at Omo Kuraz Sugar Company, and is considering a urea production plant to boost agricultural productivity once natural gas reserves are developed.Dangote stressed that "Africa will be developed by Africans," urging collaboration between political and business leaders to strengthen the continent.Brook Taye, the CEO of Ethiopian Investment Holdings, welcomed Dangote Group's expanded presence, stating it demonstrates confidence in Ethiopia's business environment and will contribute to the development of infrastructure, economic growth, job creation, agricultural productivity, and industrial growth.
https://en.sputniknews.africa/20250206/dangote-refinery-marks-milestone-with-jet-fuel-exports-to-saudi-arabia-1070527057.html
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aliko dangote, ethiopia, nigeria, addis ababa, dangote group, west africa, east africa, development, infrastructure, energy, economy, investment, industry, cooperation, production
aliko dangote, ethiopia, nigeria, addis ababa, dangote group, west africa, east africa, development, infrastructure, energy, economy, investment, industry, cooperation, production
Nigerian Billionaire Dangote Plans to Double Production of Cement in Ethiopia
14:27 16.02.2025 (Updated: 18:01 17.02.2025) Ekaterina Shilova
Writer / Editor
Aliko Dangote's Dangote refinery in Nigeria, the largest on the continent, began producing petrol on September 3, 2024, providing a potential solution for the oil-rich country's fuel shortages.
