lalasticlala

http://www.bbc.co.uk/news/business-34067963

A Chinese state-owned engineering company has signed a deal worth $4.3bn (£2.8bn) to build factories for a Nigerian cement company run by Africa's richest man, Aliko Dangote.
China's Sinoma will build seven plants across the continent and one in Nepal.
The new factories will add around 25 million tonnes to the firm's existing cement capacity of 45 million tonnes.
Mr Dangote's company also produces food, fertiliser and is investing in oil refineries.
He is keeping a close eye on China's economic problems and the ensuing lower oil price.
"Of course we are affected," he said, "but we are not badly affected because we are not 100% in oil.
"We are a fully diversified company. So today if oil is doing [badly] it doesn't mean we are doing [badly] and that's the good thing about diversification."
Africa's economies have been hit hard by the fall in commodity prices but many are seeing a boom in infrastructure, for which cement is vital.

ok

I will stop buying dangote products from now on since China is becoming a partner

This guy don make am o. Imagine just a man signing a deal with China . His haters will keep saying he is enjoying monopoly yet the man's foresight is as clear as anyone with brain can see.
Just yesterday,we all read here about how Nigeria spend billions importing tomato paste. None of our looters and lazy-minded Nigerians will see that as a potential area of investment in local production but when Dangote invest his money in tomatoes some losers will come here and be crying monopoly

gabazin080:
I will stop buying dangote products from now on since China is becoming a partner

China sinoma is the biggest builder of cement factories and with experience in Nigeria
unless you can afford Spain or england
Germany is out of your rich
but funny enough the social equipment used for the running of the cement factories is not from China.