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Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants - Business - Nairaland

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Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants by femiakinbully(m): 1:44pm On Apr 12, 2016
BEIJING, April 12 (Reuters) - Dangote Group, the company owned by Africa's richest man Aliko Dangote, signed a deal on Tuesday for a $2 billion loan from the Industrial Commercial Bank of China Ltd for two cement plants, he told Reuters.

"The interest rate is okay, quite favorable with me," Dangote said, without elaborating. "It's for my two cement companies that we are establishing in Nigeria."

The deal included China Export & Credit Insurance Corporation (Sinosure).


Via Reuters Africa

Re: Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants by 400billionman: 2:08pm On Apr 12, 2016
Does Dangote need more cement plants in Nigeria ?

Unless he wants to start exporting cement to nearby countries.

Nice, that Ibeto cement is back in town..
Re: Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants by alabiphorlarsha: 2:12pm On Apr 12, 2016
make the guy adopt me na ............. sad
Re: Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants by vicado74: 1:30pm On Apr 13, 2016
make e come build one for my villa ...... tongue

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