- $1bn deal to build 12 new plants
- Capacity target raised to 80MTPA by 2030
LAGOS, NIGERIA – Dangote Cement Plc has signed a $1bn agreement with Sinoma International Engineering to construct 12 new cement plants and expand existing facilities across Africa.
The deal, disclosed by MarketForces Africa, follows the signing of a Memorandum of Understanding in Lagos on Friday and establishes a framework for engineering, procurement and construction (EPC) delivery across several African markets.
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