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Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In - Business - Nairaland

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Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by dre11(m): 11:10pm On Nov 10, 2021
The Dangote cement plant, which was commissioned in May 2015 is now endangered as rebel forces advance on Ethiopia’s capital.

A cement refinery in Ethiopia belonging to Dangote Group risks being damaged in the ongoing conflict by Tigray rebels and its allies against the Ethiopian government and its allies.

The speculation is noted in a report by MoneyCentral, as the rebels have captured cities around Addis Ababa and continue to advance on the capital.

“The Dangote cement plant, the largest in Ethiopia, is located in the Oromia regional state, less than 90km from the capital, Addis Ababa,” the report stated.

The cement plant, worth about $500 million, was commissioned in May 2015. Dangote Cement boasts of being the largest cement plant in Ethiopia. With rich limestone reserves of about 223 million tons, the plant is able to produce quality grade cement. The refinery has a production capacity of 5,000 tons per day and 2.5million metric tons per annum.

This report comes as two different groups currently in conflict with Ethiopia’s central government captured control of towns around the capital in early November, amidst growing fears that it may destabilise Africa’s second-most-populous nation.

Ethiopia’s Prime Minister Abiy Ahmed had called on his citizens, asking them to take up arms and fight against the Tigray People’s Liberation Front (TPLF) and allies, the Oromo Liberation Army (OLA).

In August, both rebel parties announced a military alliance against Mr Ahmed’s government. In the past week, two cities about 400km from Addis Ababa have been captured by the rebel group and its allies. The group’s spokesperson took to Twitter affirming the capture and control of the taken cities.

The international community has observed the conflict which escalated in November 2020 when forces of the TPLF seized military bases in Tigray. The United Kingdom and the United States have sent out warnings, asking citizens resident in the country to evacuate.

https://gazettengr.com/dangotes-500-million-cement-refinery-in-ethiopia-endangered-as-rebel-forces-close-in/

2 Likes 3 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by Leverage2021: 11:10pm On Nov 10, 2021
Don't worry buhari would send you billions to settle the boys

Armed people finding ransom is his favorite

124 Likes 10 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by ChiefSosa(m): 11:18pm On Nov 10, 2021
Imagine the rebels trying to enter the cement refinery, and then dangote comes out like this:

121 Likes 14 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by AntiBMC(m): 11:28pm On Nov 10, 2021
Ehyahh.... Dangote should use that wrapper that didn't cover his as$ well that time, to cover the factory. I'm sure the wrapper won't fail him a second time.

95 Likes 9 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by NwaNimo1(m): 11:30pm On Nov 10, 2021
Dangote should.......


[img]https://media1./images/71d0f81ed02658f35072c9841e4ce063/tenor.gif?itemid=17023845[/img]

....go to hell.

Who him epp?

185 Likes 10 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by Franklyspeakin: 11:31pm On Nov 10, 2021
Hehehehehe

2 Likes

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by IduNaOba: 11:32pm On Nov 10, 2021
grin


500m usd fit go just like that o

6 Likes 1 Share

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by Lubumbashi: 11:34pm On Nov 10, 2021
Cement Refinery!! cheesytongue Phew! Must be a new invention..

53 Likes 1 Share

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by googlepikins: 11:35pm On Nov 10, 2021
Since African government said they don't like peace and Unity, then they have to deal with conflicts

84 Likes 4 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by googlepikins: 11:36pm On Nov 10, 2021
Lubumbashi:
Cement Refinery!! cheesytongue Phew! Must be a new invention..

Teacher read the story and move on. Na you know book pass. OLUKU

19 Likes 5 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by ChiefSosa(m): 11:42pm On Nov 10, 2021
Lubumbashi:
Cement Refinery!! cheesytongue Phew! Must be a new invention..
Cements need to be refined due to certain impurities in them.
Elements like limestone, sand, clay, bauxite, etc that make up the Cement aggregate all have impurities, so they need to be refined for appropriate and optimum use!

113 Likes 16 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by rayvelez(m): 11:57pm On Nov 10, 2021
They are both Muslim cos Allah is involve.

27 Likes 4 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by puremaker7(m): 11:59pm On Nov 10, 2021
NwaNimo1:
Dangote should.......


[img]https://media1./images/71d0f81ed02658f35072c9841e4ce063/tenor.gif?itemid=17023845[/img]

....go to hell.
you no get sense

19 Likes 4 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by plaindealer: 12:11am On Nov 11, 2021
I hope and pray they don't mess with his cement plant.


I know he always stay away from troubled and destructive areas like the restive North and violent and destructive SE in Nigeria, but he probably though Ethiopia was safe.

Instability is not good for business and investments..

25 Likes 2 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by hisexcellency34: 12:24am On Nov 11, 2021
Wetin himself find go Ethiopia

5 Likes 1 Share

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by Penguin2: 12:34am On Nov 11, 2021
As an entrepreneur myself, I don’t pray for the downfall of any man’s business.

So the rebel forces should do better than burn the factory because when the war is over, Ethiopians are still gonna need cement to build their homes.

And if the rebels succeed in capturing the control of govt, they are still going to need companies like Dangote Cement to pay taxes to help them run govt.

Meanwhile I suggest Dangote goes dirty and send emissaries to the Rebels and help them with fund if need be, in a exchange for the safety of his business should they advance to that region.

72 Likes 7 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by Cosmatikka: 2:46am On Nov 11, 2021
If only Ethiopia was Nigeria, Buhari would have sent soldiers and DSS to make sure their investments through Danone is protected

13 Likes 1 Share

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by GreenArrow1(m): 3:30am On Nov 11, 2021
Leverage2021:
Don't worry buhari would send you billions to secure peace in that area since his own country can never know peace

AntiBMC:
Ehyahh.... Dangote should use that wrapper that didn't cover his as$ well that time, to cover the factory. I'm sure the wrapper won't fail him a second time.

NwaNimo1:
Dangote should.......


[img]https://media1./images/71d0f81ed02658f35072c9841e4ce063/tenor.gif?itemid=17023845[/img]

....go to hell.

Franklyspeakin:
Hehehehehe

See them. Never -do -wells. Classic nairaland urchins from a particular region.
Always praying for another person's downfall. How your own life wan come better? Impossible na.

31 Likes 2 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by EagleNest(m): 3:44am On Nov 11, 2021
One of the big risks of doing business in Africa. You stand more chance to make huge profit in a very short time but equally at risk of lossing everything due to instability or craze of government.

24 Likes 4 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by ConqueredWest: 4:09am On Nov 11, 2021
googlepikins:
Since African government said they don't like peace, then they have to deal with conflicts

The stupid Abby caused his downfall

The Tigray people declared independence based on Ethiopia's constitution but the idiot(Abby) said no

Is Unity By Force.?

38 Likes 6 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by benuejosh: 5:34am On Nov 11, 2021
As bad as though it was in the South East of Nigeria. Have you ever since any Non-Igbos invest in the South East of Nigeria? Those guys will loot you dry.

12 Likes 1 Share

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by Hotice085: 5:37am On Nov 11, 2021
dre11:



The Dangote cement plant, which was commissioned in May 2015 is now endangered as rebel forces advance on Ethiopia’s capital.



https://gazettengr.com/dangotes-500-million-cement-refinery-in-ethiopia-endangered-as-rebel-forces-close-in/


Lalasticlala





.


The Ethiopian leader is a fool, why did he allow Eritrea soldiers to get involved in their civil war?

7 Likes 1 Share

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by FlipModeSquade(m): 6:00am On Nov 11, 2021
Hopefully Ethiopians are not out to demolish everything that stands in their country.. sad

7 Likes 1 Share

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by techWriter3: 6:19am On Nov 11, 2021
Since African goverment explained they don't kind peaceful, then they do to agreement with tensions

1 Like

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by Leverage2021: 6:45am On Nov 11, 2021
benuejosh:
As bad as though it was in the South East of Nigeria. Have you ever since any Non-Igbos invest in the South East of Nigeria? Those guys will loot you dry.
I don't think you have sense

What is Gtbank, glo, fcmb doing in south east

14 Likes 1 Share

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by AntiBMC(m): 7:11am On Nov 11, 2021
GreenArrow1:








See them. Never -do -wells. Classic nairaland urchins from a particular region.
Always praying for another person's downfall. How your own life wan come better? Impossible na.

Look at the classic juju offering abi sacrifice vomiting rvbbish with his half life.
Ur entire generation are never-do-wells. Bl00dy syc0phant.

13 Likes 2 Shares

Re: Dangote’s $500M Cement Refinery At Ethiopia Endangered As Rebel Forces Close In by Ladiesdoctor(m): 7:23am On Nov 11, 2021
Heediot, robbing Nigerians and selling his products cheaply in other countries

15 Likes 1 Share

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