President/CE of Dangote Industries Limited, Aliko Dangote (left) with his host, President Brice Oligui Nguema of Gabon. |
During discussions, Nguema emphasized the potential for economic growth through the establishment of these plants, which are crucial for infrastructure and agriculture. He expressed optimism about the partnership, highlighting benefits such as job creation and technology transfer.
Dangote affirmed his commitment to supporting Gabon's economic diversification and industrialization efforts through this investment opportunity.
He engaged in discussions with President Nguema and other top government officials with focus on how Dangote Industries could contribute to Gabon’s economic growth by establishing cement and fertilizer plants, which are vital for the country’s infrastructure development and agricultural productivity.
According to a press release issued by DIL, President Nguema expressed enthusiasm about the potential partnership, highlighting Gabon’s commitment to creating a conducive environment for foreign investments. He noted that the collaboration with Dangote Industries would bring significant benefits, including job creation, technology transfer, and enhanced industrial capacity.
Dangote, renowned for his successful business ventures across Africa, underscored his company’s dedication to fostering economic development in the continent. According to the press release, he emphasized 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.
The visit marks a significant step towards strengthening economic ties between Nigeria and Gabon. As Dangote Industries continues to explore and finalize investment opportunities, both nations anticipate mutual benefits that will drive economic progress and regional integration, the press release explained.
It added that 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,” the press statement concluded.
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