Nigeria’s Dangote Group is set to begin operations in Zimbabwe soon.
The multi-billion dollar company’s chief strategist Abdu Mukhtar, who is currently in the southern African country’s capital Harare disclosed.
According to a Herald report, Mukhtar said the group felt “comfortable and excited” about investing in the country.
“Everything is on track… we will be coming in and out [of Zimbabwe] to do all sorts of things as we kick start the projects,” Mukhtar was quoted as saying.
Aliko Dangote, the owner of the Dangote Group, indicated in August last year that he planned mining and power generation projects in Zimbabwe, as well as to set up a large cement factory.
The Nigerian billionaire said that he would spend close to $400m on the cement plant, which will produce a million and a half tons of cement a year, making it the biggest in the country.
Dangote said this after he held a meeting with President Robert Mugabe.
He said the investment package would create jobs and “help Zimbabwe to develop their own economy”.
