President Nguema invites Dangote to invest in Gabon

Aliko Dangote has been invited by President Brice Oligui Nguema of Gabon to invest in cement and fertiliser production in the country, SAVANNAH NEWSNOW REPORTS.

Dangote is the Chairman Dangote Industries Limited.

The invite was disclosed on Tuesday by Dangote media office.

The billionaire business mogul was invited to explore investment opportunities in cement and fertiliser (urea and phosphate).

The statement partly reads: “President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon.

“The President urged Dangote to explore potential investment opportunities in the country’s cement and fertilizer sectors, specifically urea and phosphate production.

“The talks focused on how Dangote Industries could contribute to Gabon’s economic growth by establishing cement and fertilizer plants, which are vital for the country’s infrastructure development and agricultural productivity.

“President Nguema expressed enthusiasm about the potential partnership, highlighting Gabon’s commitment to creating a conducive environment for foreign investments.

“He noted that the collaboration with Dangote Industries would bring significant benefits, including job creation, technology transfer, and enhanced industrial capacity.”

Leave a Reply

Your email address will not be published. Required fields are marked *

error

Enjoy this blog? Please spread the word :)