Dangote Invited to Invest in Gabon’s Cement and Fertilizer Sectors
By Patience Ikpeme
Aliko Dangote, President and Chief Executive Officer of Dangote Industries Limited, has received an invitation from Gabonese President Brice Oligui Nguema to invest in the country’s cement and fertilizer sectors.
During a recent visit, Dangote engaged in discussions with President Nguema and other government officials to explore potential investment opportunities in urea and phosphate production. Gabon is keen on leveraging Dangote Industries’ expertise to boost its infrastructure and agricultural sectors.
President Nguema expressed enthusiasm for the potential partnership, emphasizing the country’s commitment to creating a conducive business environment. He highlighted the expected job creation, technology transfer, and overall economic growth that would result from Dangote’s investment.
Dangote expressed his company’s interest in contributing to Gabon’s economic development and industrialization. He affirmed Dangote Industries’ commitment to expanding its footprint across Africa and supporting sustainable growth.
The proposed investment is seen as a significant step towards strengthening economic ties between Nigeria and Gabon. Both nations anticipate mutual benefits, including increased trade, job creation, and technological advancement.
As negotiations progress, the potential investment by Dangote Industries is expected to bolster Gabon’s industrial landscape and contribute to its overall economic development.
