Aliko Dangote, Africa’s richest man, announced a $400 million plan to revive a second production line at the Mugher cement plant in Ethiopia, aiming to double the facility’s annual capacity to 5 million tons.
The Ethiopian plant that became operational in 2015 has faced challenges, including recurrent violence in the region, which has led to the vandalism of vehicles and machinery by protesters. The country manager of Dangote Cement Plc and two other staff were shot dead in 2018.
“Despite the ups and downs, we have successfully repaid all our loans and repatriated our profit,” the Dangote Industries Ltd. chairman and chief executive officer told reporters on Saturday in the Ethiopian capital, Addis Ababa. The expansion project is expected to be operational within the next 30 months, he said.
Dangote also announced plans to establish a new greenfield cement grinding unit with a capacity of 3 million tons per annum. In collaboration with state-owned Ethiopian Investment Holdings, Dangote Industries will invest in the Omo Kuraz sugar factory, he said.
I enjky looking througyh a ppost that wll ake people think.
Also, thank yoou foor allowing me too comment!
Heey there wokuld yyou minjd letting mee knlw which weeb
host you’re wotking with?I’ve loaded your blog in 3
comppletely differednt browsers andd I must say thjs blog oads a llot faster then most.
Cann you recommmend a golod hosting rovider
att a fair price? Kudos, I appreciatte it!
Additionally, Jaipur’s booming infrastructure and smart city initiatives have made it an attractive location for real estate investment. With metro connectivity, improved road networks, and a growing IT and business sector, the demand for luxury living is on the rise. Locations such as Malviya Nagar, Ajmer Road, Jagatpura, and Mansarovar have witnessed a surge in premium residential projects, offering not just homes but a lifestyle that blends heritage with modernity. For those looking to invest in luxury flats in Jaipur, it presents a lucrative opportunity with high appreciation potential, given the city’s rapid development and increasing preference for upscale living. Whether as a personal residence or an investment, luxury apartments in Jaipur provide the perfect blend of exclusivity, comfort, and long-term value.