Business / Economy
WATCH: Dangote to start multi-million operations in Zimbabwe
15 Jan 2016 at 12:00hrs | Views
Nigeria's Dangote Group is set to begin operations in Zimbabwe soon.
This was said by the chief strategist of the multi-billion dollar company, Abdu Mukhtar, who is currently in the southern African country's capital Harare.
Owner of Dangote Group, Aliko Dangote, indicated in August last year that he planned mining and power generation projects in the investment-starved Zimbabwe, as well as to set up a large cement factory.
The Nigerian billionaire said he would spend close to $400m on the cement plant, which will produce a million and half tons of cement a year, making it the biggest in country.
Dangote said this after he met with President Robert Mugabe.
He said the investment package would create jobs and "help Zimbabwe to develop their own economy".
This was said by the chief strategist of the multi-billion dollar company, Abdu Mukhtar, who is currently in the southern African country's capital Harare.
Owner of Dangote Group, Aliko Dangote, indicated in August last year that he planned mining and power generation projects in the investment-starved Zimbabwe, as well as to set up a large cement factory.
Dangote said this after he met with President Robert Mugabe.
He said the investment package would create jobs and "help Zimbabwe to develop their own economy".
Source - the herald
