Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants (445 Views)
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| Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants by femiakinbully(m): 1:44pm On Apr 12, 2016 |
BEIJING, April 12 (Reuters) - Dangote Group, the company owned by Africa's richest man Aliko Dangote, signed a deal on Tuesday for a $2 billion loan from the Industrial Commercial Bank of China Ltd for two cement plants, he told Reuters. "The interest rate is okay, quite favorable with me," Dangote said, without elaborating. "It's for my two cement companies that we are establishing in Nigeria." The deal included China Export & Credit Insurance Corporation (Sinosure). Via Reuters Africa
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| Re: Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants by 400billionman: 2:08pm On Apr 12, 2016 |
Does Dangote need more cement plants in Nigeria ? Unless he wants to start exporting cement to nearby countries. Nice, that Ibeto cement is back in town.. |
| Re: Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants by alabiphorlarsha: 2:12pm On Apr 12, 2016 |
make the guy adopt me na .............  |
| Re: Nigeria's Dangote Signs Chinese Bank Loan For Two Cement Plants by vicado74: 1:30pm On Apr 13, 2016 |
make e come build one for my villa ......  |
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