Dangote Cement - June 2016
With Ghana’s economy expected to grow by 4.5 per cent this year on the back of an upturn in oil production in 2H16, Dangote is rapidly speeding up its expansion plans in the country. The company is currently investing over US$100m in a 1.5Mta cement plant in the western regional capital Takoradi, which is due to be completed by the end of this year. It is also increasing silo capacity at its Tema plant beyond its existing 21,000t.
