NAIJA NEWS
Naija News reports that this invitation comes shortly after Dangote announced a halt in investment in Nigeria’s steel industry.
A statement from the media office of Dangote Group revealed that the invitation aims to explore investment opportunities in cement and fertilizer, specifically focusing on urea and phosphate.
“President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote, to invest in cement and fertilizer production in Gabon,” the Dangote Group stated.
The statement further highlighted that Dangote engaged in discussions with President Nguema and other top government officials during his visit.
These conversations centered around how Dangote Industries could enhance Gabon’s economic development by establishing cement and fertilizer plants, which are crucial for the nation’s infrastructure growth and agricultural productivity.
President Nguema expressed enthusiasm for the potential partnership, emphasizing Gabon’s commitment to fostering a supportive environment for foreign investments.
He pointed out that collaboration with Dangote Industries would bring substantial benefits, including job creation, technology transfer, and increased industrial capacity.
On his part, Dangote emphasized his company’s commitment to promoting economic development across the continent.
He stated that investing in Gabon’s cement and fertilizer sectors aligns with Dangote Industries’ strategic vision of expanding its presence and supporting sustainable development in Africa.
Dangote said, “We are excited about the opportunity to invest in Gabon. Our goal is to contribute to the country’s economic diversification and industrialization efforts.
“By leveraging our expertise in cement and fertilizer production, we aim to support Gabon’s infrastructure and agricultural sectors.”
The Dangote Group noted that this visit represents a significant step toward strengthening economic ties between Nigeria and Gabon.
