L
LequteMan
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Africa's richest man Aliko Dangote has been denied license to build a cement factory in Gambia by the Gambian government.
Dangote’s plans to open a cement factory in the country came after Gambian business agents started importing Dangote Cement into the country and getting good sales.
“He has already got the land and even started fixing some of the equipment for the factory, but everything is now halted”, someone familiar with the matter said.
The person further revealed that the idea was meant to protect the local cement factory, GACEM owned by a Gambian business tycoon, Amadou Samba who is believed to be the right hand man of Gambian leader, Yahya Jammeh.
Dangote is said to have transferred the investment deal to neighbouring Senegal
Dangote cement is still available for sale in the Gambia however.
Dangote’s plans to open a cement factory in the country came after Gambian business agents started importing Dangote Cement into the country and getting good sales.
“He has already got the land and even started fixing some of the equipment for the factory, but everything is now halted”, someone familiar with the matter said.
The person further revealed that the idea was meant to protect the local cement factory, GACEM owned by a Gambian business tycoon, Amadou Samba who is believed to be the right hand man of Gambian leader, Yahya Jammeh.
Dangote is said to have transferred the investment deal to neighbouring Senegal
Dangote cement is still available for sale in the Gambia however.
