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Vol 1 (AAC) No 5

Published 1st March 2008


Cementing new relations

An ambitious new African-Chinese partnership could fuel the continent's next construction boom

Agreements signed this month between Dangote Industries of Nigeria and China's Sinoma International Engineering Company to build 13 cement production lines across Africa at a cost of US$2.8 billion will give the new partners a leading edge over their multinational rivals. Aliko Dangote, Chief Executive of Dangote Industries, confirmed to Africa-Asia Confidential in Abuja that the agreements with Sinoma would amount to China's single biggest private sector deal in Africa.

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