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Dangote Group Invests $500M in Zambia Cement Plant, Meets President Hichilema

Business
The Will
1 min read
Dangote Group Invests $500M in Zambia Cement Plant, Meets President Hichilema

Aliko Dangote, CEO of Dangote Group, visited President Hichilema of Zambia to reaffirm the group's commitment to investing in Zambia's industrial growth. The $500 million investment includes a cement plant in Ndola with a 30 MW power plant and 400 distribution trucks.

Dangote Cement Zambia Limited aims to shift Zambia from a net importer to a major exporter within the region, creating direct and indirect jobs. The meeting highlighted plans to support Zambia's long-term economic goals, energy security, and explore renewable energy projects.

Plus234Feed summary based on reporting from The Will. Read the original report below.

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