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Dangote to Spend U.S.$1 Billion On Rice Cultivation

Dangote to Spend U.S.$1 Billion On Rice Cultivation

The Dangote Group shone at the just concluded 2017 Gateway Trade fair which was held in Abeokuta, emerging as the second most patronised exhibitor, just as the Group disclosed that it was investing N10 billion dollars in rice cultivation in five states to boost food self-sufficiency. To mark its Day at the Fair, a subsidiary […]

800,000 Tonnes of Cement Needed for Standard Gauge Railway Project

800,000 Tonnes of Cement Needed for Standard Gauge Railway Project

The Standard Gauge Railway (SGR) will need 800,000 tonnes of cement of all grades and 85,000 of reinforcement steel. For now, though, these are indicative figures, according to the SGR project’s coordinator, Mr Kasingye Kyamugabi. According to the Uganda Bureau of Statistics (Ubos, 2014), Uganda manufactures 2.2 million tonnes of cement, annually. The local market […]

Nigeria’s Richest Man, Aliko Dangote, To Build A Cement Plant In Zimbabwe

Nigeria’s Richest Man, Aliko Dangote, To Build A Cement Plant In Zimbabwe

Africa’s richest man, Nigerian Aliko Dangote, said on Monday he would build a cement plant in Zimbabwe, a major boost for the southern African country that is desperate for foreign investment. The billionaire, whose business empire includes Dangote Cement, also told journalists after meeting Zimbabwe Vice President Emmerson Mnangagwa that he aimed to invest in […]

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