Gabon’s President, Brice Oligui Nguema, has officially invited Aliko Dangote, Chairman of Dangote Industries Limited, to invest in the country’s cement and fertilizer sectors. This invitation follows Dangote’s recent decision to pause investments in Nigeria’s steel industry.
A statement from Dangote Group’s media office indicated that the invitation is focused on exploring opportunities in cement and fertilizer production, particularly in urea and phosphate.
“President Brice Oligui Nguema of Gabon has invited Aliko Dangote, President and CEO of Dangote Industries Limited, to explore investment possibilities in Gabon’s cement and fertilizer sectors,” the statement read.
During his visit, Dangote engaged in discussions with President Nguema and other high-level officials about how his company could contribute to Gabon’s economic growth by setting up cement and fertilizer plants. These projects are seen as essential for the country’s infrastructure development and agricultural advancement.
President Nguema expressed his enthusiasm for the partnership, highlighting Gabon’s readiness to support foreign investment. He noted that collaboration with Dangote Industries would bring significant benefits such as job creation, technology transfer, and enhanced industrial capacity.
Dangote affirmed his company’s dedication to fostering economic development across Africa. He stated, “We are thrilled about the opportunity to invest in Gabon. Our aim is to contribute to the country’s economic diversification and industrialization. By applying our expertise in cement and fertilizer production, we hope to support Gabon’s infrastructure and agriculture sectors.”
The Dangote Group sees this invitation as a pivotal step in strengthening economic relations between Nigeria and Gabon. As the company moves forward with investment plans, both nations anticipate mutual benefits that will advance economic development and regional integration.
“This investment by Dangote Industries is set to enhance Gabon’s industrial sector, ensuring a steady supply of essential materials for construction and agriculture. It aligns with President Nguema’s vision of transforming Gabon into a diversified and self-sustaining economy,” the statement concluded.
News Editor 
Hyelsinta Hassan