Dangote Cement said it will begin production in Tanzania in August, as sub-Saharan Africa’s leading cement producer eyes new markets on the continent, reports Reuters.
A $500 million factory it is building in southern Tanzania, with an annual capacity of 3 million tons, will double the country’s annual output of cement to 6 million tons.
However, Dangote faces challenges in accessing coal and natural gas as sources of cheap power to run the factory, its owner, Aliko Dangote, Africa’s richest man, told President Jakaya Kikwete at a meeting in Dar es Salaam over the weekend, according to a statement released by the president’s office.
Tanzania, East Africa’s second-biggest economy, has made big natural gas discoveries and has coal reserves of up to 5 billion tons, but lacks infrastructure to deliver the energy to major factories.
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