Wednesday, April 8, 2015

The Dangote Cement Factory Goes Operational in Douala

Massive production of cement is said to have kick-started at the Dangote Cement Factory in Douala, the economic capital of Cameroon. Dangote cement factory is expected to send into the market it products in the next few days reports say.
The market prices are very competitive and encouraging given that consumers in the city of Douala will acquire a 50kg bag at 4,450 CFA, 150 CFA francs less than the price of the bag of cement produced by Cimencam (4600 CFA) and 50 CFA francs more than the cement Cimaf (4400 CFA).
Company sources say Dangote is expected to produce at least 1.6 million tons of cement annually. Clearly, the Dangote Group will launch its Cameroonian cement plant with an output equal to that of Cement of Cameroon (Cimencam), a subsidiary of the Lafarge Group, which was a monopoly on the cement market in Cameroon for nearly 50 years. Having invested close to 50 billion CFA francs, the Dangote Cement Factory has employed 77 Cameroonians, 11 expatriates and 250 temporary workers.

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1 comment:

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