[size=13pt]Dangote, Cameroon sign $115m cement deal[/size]

The Republic of Cameroon and Dangote Group yesterday signed a $115 million investment agreement for the construction of a composite cement production plant, which will result in the production of 1.5 million metric tonnes of cement in Douala, Cameroon annually.

The $115 million agreement, which the company described as the first tranche of a $700 million long-term investment projection in Cameroon’s various real sector arms, was signed by President of Dangote Group, Alhaji Aliko Dangote and the Prime Minister and head of Government of Cameroun Philémon Yang at a ceremony in the East African country.

Other Cameroon government officials who signed parts of the agreement include Minister of Commerce, Mr Mbarga Atangana, Minister of States for Transport, Bello Bouba Maigari, Governor of Douala, Mr Francis Fai Yengo and Director General of the Cameroon Ports Authority Mr Dayas Monoume Jean Marcel.

http://www.vanguardngr.com/2011/09/dangote-cameroon-sign-115m-cement-deal/

ROFLMAO!!!! So, what were we saying again about a WORLD CLASS Cement Factory??

Is Cameroon East of Africa ?

using us to expand businesses

Good for him

Bravo! Dangote. Just means increased GNP for the country. Although ure fleecing Nigerians but at least ure investing and creating jobs as compared to others organizing Owambe every weekend.

sleekman:

Bravo! Dangote. Just means increased GNP for the country. Although ure fleecing Nigerians but at least ure investing and creating jobs as compared to others organizing Owambe every weekend.

Agreed totally fleecing nigerians and expecting applause, which he is getting unresevedly more than expected.

Aganga is busy telling the press "world class cement factory" here!

hmmm

This mogul is heading to somewhere great and there is no stopping him!! i believe he has a target of catching up with warren buffet, bill gates, carlos slim, thats top five before 2017, Haters should go to third mainland bridge and take a dive or look for a boko haram bomb laden car and ask for a hike!!

Dangote is the highest employer of labour after federal govt, thats if he hasn't even pass federal govt!!

Check out investment portfolio coming up
Cement factory across africa
petrochemical/Fertilizer plant in edo state
More sugar factories
More flour factories
Nationwide Broadband network on PHCN power lines
Power Plants
Oil block Exploration
Speed Train railway

Do i go on?

Total Personal Fortune target: $50 billion by 2017

Once again haters should look for a boko haram bomb laden car and ask for a hike!!

smartest guy