Dangote Commissions Cement Plant in Ethiopia

Dangote Cement Plc., owned by Africa’s richest man, Aliko Dangote, has commissioned $500 million cement plant in Ethiopia.

The inauguration of the cement plant which was held last Thursday, had in attendance, several Nigerian business leaders and government officials from Ethiopia led by the Ethiopia Prime Minister, Haile Mariam Desalegne.

The cement plant has an installed capacity of 2.5 million metric tonnes per-anum. It is expected to produce 42.5 cement grade and create about 7,000 jobs. It will initially produce 2.5million metric tonnes a year to meet up with Ethiopian markets which is currently enjoying a construction boom.

The plant is located in Mugher, about 80 Kilometers from Addis Ababa.

Alhaji Aliko Dangote revealed that more cement plants were being built by its company across Africa to actualize its ambition of reaching an annual production of 62 million tonnes by 2017

Asides Nigeria, Dangote cement also has factories in Senegal, South Africa, Zambia and Tanzania. It is currently building a $400 million factory in Kenya.