Dangote group

Dangote announces $35m expansion
programme in Ghana
Nigeria's largest cement producer, Dangote has
announced a 35 million dollar expansion programme in
Ghana as part of initiatives to meet local demand.
The company will over the next three months expand its
Tema factory which will see it producing 1.5 million
tonnes of cement annually. As part of the expansion
plans, Dangote has also acquired a 41 acre land at
Takoradi in the Western Region to set up a plant which
would further produce 3 million tonnes of cement
annually. The grinding and bagging plant is expected to
take 4 years to complete.
Briefing the press in Accra, Executive Vice-Chairman of
the Dangote subsidiary in Ghana, Tajudeen Sijuade said
the rationale behind the expansion programme was to
meet the supply gap on the market.
“When we start production, we are still going to
maintain our quality. When the expansion work is
completed, the Tema plant will employ 500 more people
and the Takoradi plant will create about 1,200 jobs,” he
noted.
Currently, the total production of cement in Ghana
stands at 7 million metric tonnes per annum. Dangote
Cement has about 11 percent of the market share but is
projecting a 30 percent market share in the next three
years. Ghacem leads the pack with 58 percent of the
market share while Diamond Cement comes second at 25
percent.