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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.
When News Breaks Out, We Break In. (The 2014 Bloggies Finalist)
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