Gabon president invites Dangote to invest in cement, fertilizer sector

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The junta controlled government of Gabon headed by president Brice Oligui Nguema, has invited Africa’s richest man, Alhaji Aliko Dangote, chairman of Dangote Industries Limited to come and invest within the country.

A statement from the media office of Dangote Group revealed that he was invited to explore investment opportunities in cement and fertiliser, at a time he is having a serious face-off with some oil sharks in the downstream sector in Nigeria.

“President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote, to invest in cement and fertilizer production in Gabon,” the Dangote Group said.

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Also, the statement further noted that Dangote engaged in talks with president Nguema and other top government officials during his visit in the oil rich nation.

These conversations according to the statement centered around how Dangote Industries could enhance Gabon’s economic development by establishing cement and fertilizer plants, which are important for the nation’s infrastructure growth and agricultural productivity.

He expressed strong believe for the potential partnership, emphasizing Gabon’s commitment to fostering a supportive environment for foreign investments.

Meanwhile, on his part, Dangote stressed his company’s commitment to promoting economic development across the continent.

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Dangote noted that investing in Gabon’s cement and fertilizer sectors is in line with Dangote Industries’ strategic vision of expanding its presence and supporting sustainable development in Africa.

He said, “We are excited about the opportunity to invest in Gabon. Our goal is to contribute to the country’s economic diversification and industrialization efforts.

“By leveraging our expertise in cement and fertilizer production, we aim to support Gabon’s infrastructure and agricultural sectors.”

The Dangote Group noted that this visit represents a significant step toward strengthening economic ties between Nigeria and Gabon.

“As Dangote Industries continues to explore and finalize investment opportunities, both nations look forward to mutual benefits that will advance economic progress and regional integration.

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“The potential investment by Dangote Industries in Gabon is expected to bolster the country’s industrial landscape, ensuring a steady supply of essential materials for construction and agriculture.

“This development aligns with President Nguema’s vision of transforming Gabon into a diversified and self-sustaining economy.

“In the coming months, further discussions and assessments will be conducted to finalize the investment plans. The collaboration between Dangote Industries and the Gabonese government holds promise for a robust partnership that will significantly impact Gabon’s economic landscape”.

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