Dangote Cement Plans $3.9 Billion Expansion, BusinessDay Says
By Elisha Bala-Gbogbo - Apr 13, 2011 3:15 AM CT
Dangote Cement Plc (DANGCEM) plans to spend $3.9 billion boosting its capacity in Africa by 16.5 million tons by 2013, BusinessDay said, citing Chairman Aliko Dangote.
Dangote aims to increase cement production on the continent to 50 million tons a year, the Lagos-based newspaper said.
To contact the reporter on this story: Elisha Bala-Gbogbo in Abuja atebalagbogbo@bloomberg.net
To contact the editor responsible for this story: Agnes Nikoi at anikoi@bloomberg.net
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