By InvestAdvocate Lagos (INVESTADVOCATE)- Africa’s richest man, Aliko Dangote said on Tuesday Dangote Group has signed a $2 billion loan deal with the Industrial Commercial Bank of China Ltd for two (2) cement plants, according to a Reuters report. “The interest rate is okay, quite favorable with me,” Dangote […]
Tag: Cement Plants
BUA Says in Talks with Sinoma to Build $1.9 Billion Steel, Cement Plants-Reuters
By InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s top tier conglomerate, BUA Group said on Thursday it’s in talks with China’s Sinoma to build a steel plant in Nigeria and two (2) cement plants in East Africa worth $1.9 billion, a Reuters reported quoted Abdulsamad Rabiu, chairman of the Group. According to the report, […]

