Gabon President Nguema Invites Dangote to Invest in Cement, Fertilizer

President Brice Oligui Nguema of Gabon has extended an invitation to Aliko Dangote, President and CEO of Dangote Industries Limited (DIL), to invest in the country’s cement and fertilizer sectors, specifically in urea and phosphate production.

During Dangote’s visit, he engaged in discussions with President Nguema and other senior government officials about potential investments. The dialogue centered on how Dangote Industries could bolster Gabon’s economic growth by establishing cement and fertilizer plants, which are crucial for the nation’s infrastructure and agricultural productivity.

President Nguema expressed enthusiasm about the potential partnership, emphasizing Gabon’s commitment to fostering a conducive environment for foreign investments. He highlighted that collaboration with Dangote Industries could bring significant benefits, including job creation, technology transfer, and enhanced industrial capacity.

Dangote, known for his successful business ventures across Africa, reaffirmed his company’s dedication to economic development on the continent. He noted that investing in Gabon’s cement and fertilizer sectors aligns with Dangote Industries’ strategic vision of expanding its footprint and 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. By leveraging our expertise in cement and fertilizer production, we aim to support Gabon’s infrastructure and agricultural sectors,” Dangote stated.

This visit marks a significant step towards strengthening economic ties between Nigeria and Gabon. As Dangote Industries explores and finalizes investment opportunities, both nations anticipate mutual benefits that will drive economic progress and regional integration.

The potential investment by Dangote Industries in Gabon is expected to enhance 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.

Further discussions and assessments will be conducted in the coming months 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.