Sunday, 29 January 2017

[NG]Dangote to extend investment opportunities

Multi-billionaire investor Aliko Dangote has expressed his group’s desire to consolidate on his existing investments in Zambia and other African countries by exploring opportunities in the energy and agriculture sectors.

Dangote spoke when he visited Zambian President Edgar Lungu to express his gratitude for the enabling environment that the country offered investors at every level.

Already, the business mogul has a cement factory in Zambia in which several hundreds of Zambians are employed.

Dangote urged Zambian government to roll out policies to encourage massive investments and the produce very competitive.

“I am here not only to explore investment opportunities and consolidate our existing business relations, but also to congratulate your Excellency for your victory in the last general elections. I wish you many years of success as you guide your nation to greater heights and prosperity,” Dangote said.
“During your tenure, you need to implement agricultural practices, which will ensure that yields per hectare are high and competitive,” this is because, “Zambia’s natural advantage in the export market is the readily available captive market that consists of eight neighbouring countries and other nations in the great lakes region,” he said.

“We are going to explore investment opportunities in the energy sector and perhaps look at the viability of existing petroleum refinery facilities,” he added.

Lungu said his government was determined to put in place policies that would be investor-friendly and guarantee conducive and enabling environment for the businesses to thrive.

The Zambian helmsman instructed Minister of Finance Felix Mutati and relevant government ministries and agencies to ensure that the process of facilitating investments in job-creation enterprises was efficient.

“Agriculture is the major thrust in Zambia’s economic diversification drive and among our top priorities, which include the provision of affordable food, fuel and farmer inputs.

“I admire your tenacity and commitment to invest within Africa because that is what improves the brotherhood between nations. We will support you and facilitate your investments in Zambia,” assured the President.

He added:  “We need to put our hands together to help our people out of poverty.”

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