Dangote to invest US$400m in Zambia plant

Dangote to invest US$400m in Zambia plant
Published: 13 December 2010

Nigeria’s largest cement maker Dangote Cement will invest US$400m to build a cement plant in Zambia over the next three years, its chief executive said on Friday.

Aliko Dangote said the cement plant, to be constructed from next year to 2013, was among the largest investments that the company was making outside mining.

"We will be producing 1.5Mta at the plant in Zambia when the company reaches the full production capacity by 2013," Dangote said.