Dangote entry to stir up East African cement market
Entrepreneur Aliko Dangote. The Dangote Group of companies is to set up a multi-billion-shilling powder milk plant in Kenya. FILE PHOTO : NATION MEDIA GROUP
Industry sources said two plants are coming up in Rwanda, three in Dar es Salaam and Arusha, one in Burundi and another in Jinja, Uganda.
Dangote is widely tipped to either invest in Kitui or the Coast where vast amounts of limestone and other relevant minerals are plenty.
The government has issued an operating licence to Nigeria’s Dangote Cement, paving the way for the conglomerate to establish a $400 million (Sh34.4 billion) plant and crank up the pressure on existing producers.
Mining secretary Najib Balala announced this Tuesday at a press briefing where ministers gave accounts of their operations.