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Home General

‘Business strenght’ Dangote cement, major contributor to Senegal’s economy – Envoy

Freelanews by Freelanews
May 5, 2021
in General
0
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Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the Cement plant located in Pout, 60 kilometres away from Dakar, has greatly assisted in strengthening the business relationship between Senegal and Nigeria.

Dangote Cement Senegal currently holds a capacity of 1.5 million tonnes per year, producing higher quality cement to meet the country’s demand as well exporting to neighbouring countries around Senegal.

Charge D’Affaires, Embassy of Nigeria, Senegal, Mr. A.K Zanna, who spoke on the contributions of Dangote Cement’s investment in Senegal at his office in Dakar recently, called on Dangote and other interested investors to explore the investment opportunities available in the Senegalese Salt Mining and Real Estate industry.

According to him, Dangote’s Cement investment in Senegal is contributing significantly to the country’s Gross Domestic Product (GDP), through its export revenue from neighbouring countries and social investments in the country. “I think the company has done a lot in strengthening the existing relationship between Nigeria and Senegal,” he added.

Zanna stated, “As one of the biggest foreign investors in the Senegalese economy, Dangote Cement is contributing significantly to the country’s economic development. We are proud to associate with the company as a Nigerian brand. The company has done a lot in Senegal since its establishment in 2015. It has created huge employment for the Senegalese; it has created both direct and indirect employment opportunities for many people in Senegal.

Country Manager, Dangote Cement, Senegal, Luk Haelterman attributed the success of the company in Senegal in the past five years to the company’s investment in quality production and introduction of what is commonly referred to as the ‘Senegallisation’ Policy.

He stated, “The success of Dangote Cement is coming from quality planning based merely on the improvement on the quality of cement to 42.5R that was not available everywhere and certainly not to everybody at affordable price in Senegal. Introducing this into the market was a guarantee for us to gain the market share that we needed.

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