6.54 million Nigerian women use condoms - report                         CAC threatens to delist companies over failure to file annual returns                         Children die of pneumonia in Nigeria more than any other country in the world – Report                         SEX-FOR-GRADE: Sacked lecturer sues Lagos State University over allegation                         BAYELSA ELECTION: APC accuses PDP of planning to rig with 100 prisoners, fake military uniforms                         Eid-el-Maulud: See what President Buhari told Muslims                         Atiku’s Eid-el-Maulud message will get you thinking                         Price of local rice to crash as Dangote Group begins the installation of Rice factory in Kebbi                         Chelsea lads coming of age, the fox in the race and why Liverpool’s biggest threat is Deja Vu                         Pope Francis to visit troubled South Sudan next year                         PHOTOS: Nigerian Army holds training for Crocodile Smile IV                          Eid-el-Maulud: 5 facts no one has ever told you about Prophet Muhammad                          Bill & Melinda Gates Foundation, Bauchi partner on healthcare delivery                         Apapa command leads Nigerian Customs 9-months' revenue generation with N313.5bn                          Man Arrested for Killing Prostitute Over Price in Lagos                         ICPC seizes 2 Abuja mansion, 42 properties worth N14.7 billion                         See how Joshua, Ruiz have shed flesh ahead of December 7 rematch                         SHOCKING! The chilling account of how retired military nurse sold babies to politicians like chickens                         Nigeria, Russia plan deal on pre-paid metres production                         Buhari’s “powerful” nephew, Mamman Duara clocks 80 today; 5 things you need to know about him                        


BREAKING! Dangote to build fertiliser, cement factories in Togo

The cost of the project is around $2 billion, a statement from Togo’s government said, without specifying how much of that would come from Dangote.


Share this news


Aliko Dangote

Dangote Group has signed deals to make phosphate into fertiliser and build a cement factory in Togo, the small West African country said on Friday, Reuters reports.

Togo’s vast phosphate resources are mostly exported in their raw form, and Dangote’s project would process some of that phosphate to make fertiliser in-country, aiming to export it to the region.

The cost of the project is around $2 billion, a statement from Togo’s government said, without specifying how much of that would come from Dangote.

Also, read Dangote to fix Abuja National Stadium

Dangote also signed a deal to build a cement factory at a cost of around $60 million. Construction of the factory is set to start in the first quarter of 2020 and it will begin producing by the end of next year, the statement said.

The cement would serve the Togolese market as well as export to neighbouring countries.

The deal marks Dangote’s first push into Togo, setting billionaire Aliko Dangote’s firm up for competition against Germany’s HeidelbergCement, which operates three companies there, and Fortia Cement. 

Share this new


Sign In To Leave A Comment


Nigeria Today News. ©2019 Nigeria Today. All rights reserved.