The potential investment by Dangote Industries in Gabon is expected to bolster the country’s industrial landscape.
By Jeffrey Agbo
President of Gabon Brice Nguema has invited the president/CEO of Dangote Industries Limited (DIL), Aliko Dangote, to invest in cement and fertiliser production in Gabon.
Dangote engaged in discussions with Nguema and other top government officials during the visit.
Nguema urged Dangote to explore potential investment opportunities in the country’s cement and fertiliser sectors, specifically urea and phosphate production.
The talks focused on how Dangote Industries could contribute to Gabon’s economic growth by establishing cement and fertiliser plants, which are vital for the country’s infrastructure development and agricultural productivity.
President Nguema expressed enthusiasm about the potential partnership, highlighting Gabon’s commitment to creating a conducive environment for foreign investments. He noted that the collaboration with Dangote Industries would bring significant benefits, including job creation, technology transfer, and enhanced industrial capacity.
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Dangote, renowned for his successful business ventures across Africa, underscored his company’s dedication to fostering economic development in the continent. He emphasised that investing in Gabon’s cement and fertiliser sectors aligns with Dangote Industries’ strategic vision of expanding its footprint and supporting sustainable development across Africa.
“We are excited about the opportunity to invest in Gabon. Our goal is to contribute to the country’s economic diversification and industrialisation efforts. By leveraging our expertise in cement and fertiliser production, we aim to support Gabon’s infrastructure and agricultural sectors,” Dangote stated.
The visit marks a significant step towards strengthening economic ties between Nigeria and Gabon.
The potential investment by Dangote Industries in Gabon is expected to bolster the country’s industrial landscape, ensuring a steady supply of essential materials for construction and agriculture. This development aligns with President Nguema’s vision of transforming Gabon into a diversified and self-sustaining economy.
In the coming months, further discussions and assessments will be conducted to finalise the investment plans.