Ruto Presidency: Time for Dangote cement factory in Kenya?

In 2017, Africa’ s richest man Aliko Dangote, registered two companies in Kenya planning to produce cement in Nairobi and Mombasa. The companies where Dangote was to own 90 per cent, with 10 per cent owned by some“ local shareholders”, were Dangote Cement Kenya Limited which was focused on cement production, while Dangote Quarries Kenya Limited would deal with…

In 2017,

The companies where Dangote was to own 90 per cent, with 10 per cent owned by some “local shareholders”, were Dangote Cement Kenya Limited which was focused on cement production, while Dangote Quarries Kenya Limited would deal with limestone mining.

At the time, a Chinese company had reportedly signed a US$1.487 billion deal with Nigeria’s cement behemoth Dangote Group to build cement plants in several African countries, including Kenya.

Dangote had for long stated his intention to establish a …

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