Dangote, China’s Sinoma To Sign $4.34 Bln Africa Cement Plant Deals

The Guardian Nigeria|Reuters

DangoteNigeria’s Dangote Cement will sign $4.34 billion worth of contracts with China’s Sinoma International Engineering Co. on Wednesday to build cement plants across Africa, Nigeria’s largest listed firm said.

The plants to be built in Cameroon, Ethiopia, Kenya, Mali, Nepal, Niger, Senegal and Zambia, will add 25 million tonnes to Dangote’s existing capacity of almost 50 million tonnes, Group Executive Director Edwin Devakumar said.