The Dangote Business Group of Nigeria is preparing to invest in Angola in the construction project of the Lobito refinery, province of Benguela, announced yesterday in Luanda its Chairman of the Board of Directors, Aliko Dangote.
The Nigerian businessman, who works in the oil, cement, sugar, salt, fertilizers, processed foods, telecommunications and steel industry, spoke to the press after a hearing granted by the President of the Republic, João Lourenço.
Aliko Dangote reported that, with the Angolan statesman, he addressed specific issues, aligned to the areas of oil and gas sector, agriculture, sugar production and cement.
As an investor in Angola, the Nigerian entrepreneur did not advance the financial amount to invest in the Group’s areas of interest. “For us the important thing is the type of investment that will be made, which will result in the well-being of the population.
I believe that, with the transformations that have occurred in Angola, under the leadership of the Angolan President, we consider it important to help realize this wish”, he said.
The Dangote Group is one of the largest business conglomerates in Africa, with operations in at least 17 countries on the continent.
Founded more than 30 years ago, the group started as a commodity trading company and has evolved into a diverse organization.
The cement division, Dangote Cement, is the largest cement producer in Africa, with plants in countries such as Nigeria, Zambia and Cameroon, and a production capacity that largely meets the needs of the regional market.
In the energy sector, the group recently opened the Dangote Refinery, one of the largest refineries in the world, capable of processing 650,000 barrels of oil per day, as well as a fertilizer plant with an annual production of three (3) million tons. In addition to the industrial and economic impact, Aliko Dangote is recognized for his philanthropic role.
Source: O País
