The richest man in Africa and the chief executive officer of Dangote Group Alhaji Aliko Dangote has signed a global trade agreement with Zimbabwe focusing energy, cement, fertilizer and infrastructure.
The signings agreement advance the country’s vision 2030 agenda.
Dangote met Zimbabwe’s President Emmerson Mnangagwa and signed an investment agreement with the government on Wednesday morning.
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“We have just signed an agreement between Zimbabwe and the Dangote Group to do various investments in various sectors some of which are of course cement, power generation and a pipeline to bring petroleum products,” Dangote told reporters in Harare.
He said the pipeline would complement the Dangote Group’s plans to establish the biggest oil refinery in the world.
The industrialist previously visited Zimbabwe in 2015, then under the late President Robert Mugabe who was replaced by Mnangagwa after a 2017 coup, but abandoned plans to invest in the southern African country for unclear reasons.