Nigeria/Botswana: Nigeria-based producer Dangote Cement has announced plans to expand into Botswana with a new plant, which would increase its presence on the continent to 12 countries. The plan was disclosed by Emmanuel Ikazoboh, newly appointed chair of Dangote Cement, during a presentation at the Nigerian Exchange Group.
“We are fully aware of the challenges in South Africa, which is why we’re opening a plant in Botswana, geographically close to the market,” Ikazoboh said. “South Africa currently imports cement, and while we have urged the government to curb imports, progress has been slow.”
According to the company, the Botswana blending plant will help boost production and improve profitability, with Dangote Cement targeting 66.4Mt/yr across all of its operations by 2030, a 28% increase from its current capacity of 52Mt/yr.
