Ethiopia President to inaugurate $480m Dangote Cement plant

Cement manufacturer, Dangote Cement Plc,  will next commission its 2.5million mtpa cement plant in Ethiopia Thursday next week, the company has announced in a statement.

The new plant valued at $480 million brings the company closer towards the mark of 40 million mtpa total production capacity globally before the end of 2015.

According to the company, the Prime Minister of the Federal Democratic Republic of Ethiopia, Haile Mariam Desalegne, is expected to perform the opening ceremony at an event that will be graced by top members of Nigerian business community.

Dangote Group said the government and the people of Ethiopia are excited about the timely completion of the project and the economic prospects of having such a huge company in the country. Nigerian guests would be flown to Ethiopia next week Wednesday, June 3 to witness the event on Thursday, June 5 and would be brought back to Nigeria on Friday, June 6.

The Dangote Cement plant said to be the single largest Investment by an African will be the fifth in the series of the offshore plants of the company that have rolled out cement within the last one year in African continent, coming after Senegal, Cameroon, South Africa and Zambia.

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