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Published On: Mon, Jan 30th, 2017

Nigeria’s Dangote plans more investment in Zambia

Africa’s richest person, Aliko Dangote, has expressed the desire to further consolidate his existing investments in Zambia and other African countries by exploring opportunities in the energy and agricultural sectors.

Dangote was speaking when he paid a courtesy call on the Zambian President, Edgar Lungu, to express his gratitude for the enabling environment that the country was offering investors at every level.

The business mogul has a cement factory in Zambia, which employs hundreds of the citizens of the host country.

Dangote urged the Zambian government to roll out policies that would encourage massive investments in the country.

Dangote said, “I am here not only to explore investment opportunities and consolidate our existing business relations, but also to congratulate you for your victory in the last general elections. I wish you many years of success as you guide your nation to greater heights and prosperity.

“During your tenure, you need to implement agricultural practices, which will ensure that yields per hectare are high and competitive.

Zambia’s natural advantage in the export market is the readily available captive market that consists of eight neighbouring countries and other nations in the Great Lakes region.”

Source: Punch

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