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Gabon President invites Dangote to invest in cement, fertiliser production

The President of Gabon, Brice Oligui Nguema, has invited the President of Dangote Group, Aliko Dangote, to invest in cement and fertiliser production in the country.

The invitation comes amid Mr Dangote’s recent decision to halt investment in Nigeria’s steel industry to avoid the accusations of being considered monopolistic.

In a statement on Tuesday, the company said the President urged Mr Dangote to explore potential investment opportunities in the country’s cement and fertiliser sectors, specifically urea and phosphate production.

During the visit, according to the statement, Mr Dangote engaged in discussions with Mr Nguema and other top government officials.

“The talks focused on how Dangote Industries could contribute to Gabon’s economic growth by establishing cement and fertiliser plants, which are vital for the country’s infrastructure development and agricultural productivity,” the statement said.

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