Nigerian magnate invests in Kafue cement plant

NDOLA: In a calculated move aimed at promoting intra-African trade and investment, Dangote Industries of Nigeria has invested US $ 400 million in a cement plant in Kafue on the Lusaka-Chirundu road.

At the helm of Dangote Industries is Aliko Dangote who is believed to be Africa's richest man. Dangote, who recently met with President Levy Mwanawasa inLusaka said construction of the plant would start before the end of this year.

Demand for cement in Zambia has risen sharply because of the booming construction industry as well as the increased demand for the building materials in South Africa as it prepares infrastructure such as stadiums in readiness for the hosting of the FIFA World Cup in 2010.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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