Business Hilights

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Dangote expands coast, plans investment in Zambian energy, agriculture

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Indications have emerged that Aliko Dangote has the desire to further consolidate his existing investments in Zambia and other African countries by venturing into energy and agricultural sectors. Dangote currently runs a cement factory in Zambia, which employs hundreds of the citizens of the host country.

Zambia’s natural advantage in the export market is the readily available captive market that consists of eight neighbouring countries and other nations in the Great Lakes region.

In his remarks during a recent courtesy visit to the Zambian President, Edgar Lungu to express his gratitude for the enabling environment that the country was offering investors at every level, he urged the Zambian government to roll out policies that would encourage massive investments in the country.

In his speech, Dangote said “I am here not only to explore investment opportunities and consolidate our existing business relations, but also to congratulate you for your victory in the last general elections. I wish you many years of success as you guide your nation to greater heights and prosperity.

“During your tenure, you need to implement agricultural practices, which will ensure that yields per hectare are high and competitive.


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