Billionaire industrialist Aliko Dangote has expanded his empire to Liberia, as Dangote Cement Liberia Limited has signed an agreement with the country’s Senate to invest in its cement industry.

Terms of the Agreement

$41 million is expected to be invested by Dangote Cement in Liberia over the next ten years. The company will also be expected to maintain the roads leading to its terminals. The agreement will, however, be subject to review once in five years.

How Both Sides Benefit

For Liberia, the agreement brings in much needed foreign direct investment. In addition to recovering from a civil war, the Liberian economy recently suffered a setback from the Ebola crisis. The host community for the factory also stands to benefit from the company’s Corporate Social Responsibility (CSR) programmes.

Expanding into Liberia also raises Dangote’s production capacity drawing it closer to its aim of being the biggest cement producer in Africa. Dangote cement currently produces about 40 million tonnes of cement per annum.

About Dangote Cement

Dangote Cement Plc was incorporated as a public limited liability company on 4th November 1992 and commenced operations in January 2007 under the name Obajana Cement Plc. The company was listed on the Nigerian Stock Exchange (NSE) on the 26th of October, 2010. Principal activities of the company are the preparation, manufacture, and distribution of cement and cement-related products.

Dangote cement closed at N234 in yesterday’s trading session on the NSE. Year to date, the stock is up 37.94%. For the 9 months ended September 2017, revenue went up from N442 billion in 2016 to N603 billion in 2017. Profit before tax also increased from N148 billion in 2016 to N220 billion in 2017. Profit after tax also increased from N133 billion in 2016 to N193 billion in 2017. Earnings per share also increased from N8.13 in 2016 to N11.30 in 2017.

The company has recently been embroiled in a tussle with BUA Cement over the control of the Abu mines located in Okpella, Edo State.

SOURCE: https://brandspurng.com/dangote-to-open-41-million-cement-factory-in-liberia/

Hmmm.

Neither this man nor his kinsmen make noise about his position.

Some organisms without a quarter of what he is are almost breaking their rusty chests with beating.

God bless the dangotes.

Dangote : Everywhere you go

NOT

hmmmm nice one man

Let him come open in the east

nice one

slimthugchimee:
Let him come open in the east

Like you sell lands to non -indigenes

Na wa ó...

Where are those punks always shouting monopoly when they hear Dangote?

ok

slimthugchimee:
Let him come open in the east

do u ever sell land to non indigines?? gerrarahia

slimthugchimee:
Let him come open in the east

So you can burn it down... ..
Like you burn his trucks. ..

Dangote..hunting monopoly everywhere you go...

let their be a level playing field and u will see what will become of dangote group

ride on baba dangote let's go and colonize Liberia by fire by force DJ monopoly on the beat.

countryfive:
let their be a level playing field and u will see what will become of dangote group

see goat.

Enjoying govt supports everywhere u go

again

When our career fathers were enjoying their salaries, Dangote was planning his future. Now, the man is bursting on every side without making noise and children of salary daddies are angry.
Monopoly ko, polytechnic ni.

Bloggers sef! Which cement company is bigger than Dangote in Africa?
In fact Dangote is second only to Lafarge globally if I am not mistaken.

hello moneyman, dangote!...this is the most stupid way to show off wealth..

your people in the north and the rest of Nigeria is suffering for lack of employment and cement is becoming costly than an eye

yet you are going to russia, france, germany,east africa & now west africa building cement 7 refinery companies?

if you decide to build all these show off companies in all the 36-states in Nigeria, do you think that will remove your name from

the riches man in africa or one of the richest in the world?...No wonder..US Donald Trump said it is a shame that nigeria is borrowing

money that only one of them can loan to the country...shame...what does it cost a dangote to gain the whole world?...think about this..

[quote In fact Dangote is second only to Lafarge globally if I am not mistaken. [/quote]
You are very wrong sir/ma

My mentor!
The Story of O J!!
Business is all about simple and compound interest(Stock Market Business)!!!

slimthugchimee:
Let him come open in the east

so that your brothers can burn it.

Hausa is Conquering Africa

ofuonyebi:

hello moneyman, dangote!...this is the most stupid way to show off wealth..

your people in the north and the rest of Nigeria is suffering for lack of employment and cement is becoming costly than an eye

yet you are going to russia, france, germany,east africa & now west africa building cement 7 refinery companies?

if you decide to build all these show off companies in all the 36-states in Nigeria, do you think that will remove your name from

the riches man in africa or one of the richest in the world?...No wonder..US Donald Trump said it is a shame that nigeria is borrowing

money that only one of them can loan to the country...shame...what does it cost a dangote to gain the whole world?...think about this..

your brain is inversely proportional to the height of NEPA pole

Dangote for president