President Nguema of Gabonย Invites Dangote To Invest In Cement, Fertilser Production In Country

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 Fertiliser production in Gabon. The President urged Dangote to explore potential investment opportunities in the countryโ€™s cement and fertilizer sectors, specifically urea and phosphate production.

During the visit, Dangote engaged in discussions with President Nguema and other top government officials. The talks focused on how Dangote Industries could contribute to Gabonโ€™s economic growth by establishing cement and fertilizer plants, which are vital for the countryโ€™s infrastructure development and agricultural productivity.

President Nguema expressed enthusiasm about the potential partnership, highlighting Gabonโ€™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.

Dangote, renowned for his successful business ventures across Africa, underscored his companyโ€™s dedication to fostering economic development in the continent. He emphasized that investing in Gabonโ€™s cement and fertilizer sectors aligns with Dangote Industriesโ€™ strategic vision of expanding its footprint and supporting sustainable development across Africa.

โ€œWe are excited about the opportunity to invest in Gabon. Our goal is to contribute to the countryโ€™s economic diversification and industrialization efforts. By leveraging our expertise in cement and fertilizer production, we aim to support Gabonโ€™s infrastructure and agricultural sectors,โ€ Dangote stated.

The visit marks a significant step towards strengthening economic ties between Nigeria and Gabon. As Dangote Industries continues to explore and finalize investment opportunities, both nations anticipate mutual benefits that will drive economic progress and regional integration.

The potential investment by Dangote Industries in Gabon is expected to bolster the countryโ€™s industrial landscape, ensuring a steady supply of essential materials for construction and agriculture. This development aligns with President Nguemaโ€™s vision of transforming Gabon into a diversified and self-sustaining economy.

In the coming months, further discussions and assessments will be conducted to finalize the investment plans. The collaboration between Dangote Industries and the Gabonese government holds promise for a robust partnership that will significantly impact Gabonโ€™s economic landscape.

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