Gabon’s President Brice Oligui Nguema invites Aliko Dangote to invest in the nation’s cement and fertilizer sectors, aiming to enhance infrastructure and agricultural productivity. Dangote Industries' potential investment aligns with their strategic vision for sustainable development in Africa.
President Brice Oligui Nguema of Gabon has extended an invitation to Aliko Dangote, chairman of Dangote Industries Limited, to invest in the country’s cement and fertilizer sectors.
According to a statement from Dangote Group, the president is particularly interested in boosting urea and phosphate production.
During Dangote's visit, discussions were held with Nguema and senior government officials on the potential contributions of Dangote Industries to Gabon's economic growth.
The focus was on establishing cement and fertilizer plants, which are crucial for the nation’s infrastructure and agricultural development.
President Nguema highlighted Gabon’s commitment to creating a favorable environment for foreign investments, noting that a partnership with Dangote Industries would bring numerous benefits such as job creation, technology transfer, and increased industrial capacity.
Aliko Dangote expressed enthusiasm for the investment opportunity, emphasizing that it aligns with Dangote Industries' strategic vision of supporting sustainable development across Africa. "We are excited about the opportunity to invest in Gabon.
Our goal is to contribute to the country’s economic diversification and industrialization efforts," Dangote stated. He added that leveraging Dangote's expertise in cement and fertilizer production would aid Gabon’s infrastructure and agricultural sectors.
Dangote Group mentioned that this visit marks a significant step in strengthening economic ties between Nigeria and Gabon.
As the company explores and finalizes these investment opportunities, both nations look forward to mutual benefits that will drive economic progress and regional integration.
Further discussions and assessments will be conducted in the coming months to finalize the investment plans, promising a robust partnership that will significantly impact Gabon’s economic landscape.
