Dangote, China’s Sinoma to sign $4.34bn Africa cement plant deals

Dangote Cement will sign $4.34 billion worth of contracts with China’s Sinoma International Engineering Co. on Wednesday to build cement plants across Africa, the Nigeria conglomerate firm said.

The plants to be built in Cameroon, Ethiopia, Kenya, Mali, Nepal, Niger, Senegal and Zambia, will add 25 million tonnes to Dangote’s existing capacity of almost 50 million tonnes, Group Executive Director Edwin Devakumar said.