NIGERIAN billionaire Aliko Dangote is expected in the country “in the next few weeks” to lay the groundwork for his multimillion investments after he received a licence from Zimbabwe Investment Authority (ZIA), a close associate has revealed.

Dangote had Zimbabwe buzzing last month during a one-day visit, where he announced that he would set-up a $400 million cement factory in the country.

ZIA chief executive officer Richard Mbaiwa told The Standard that reports that Dangote had developed cold feet about investing in Zimbabwe were not true.

“In the first place, the reports [of loss of interest] are based on events that happened before Dangote came to Zimbabwe,” he said.

“It cannot therefore be true that he has developed cold feet when he has registered a company in the country, engaged local consultants and lawyers, as well as received a ZIA licence.

“He could not be doing that as a crude joke.”

Mbaiwa said Dangote’s strategists and geologists had also been in the country for consultations.

Sources said Dangote’s team had briefed the Nigerian billionaire and he could be heading back to the country “to finalise the finer details” of the investment.

“He does not want to cause any noise around his investments. The same way he came without publicising things is the same way he will be coming,” the source said.

“Dangote does not want the publicity that surrounded his visit here last time.

About The Author

CEO AfrikaTech

Comme beaucoup de personnes j’ai connu l’Afrique à travers des stéréotypes : l’Afrique est pauvre, il y a la guerre, famine… Je suis devenu entrepreneur pour briser ces clichés et participer à la construction du continent. J’ai lancé plusieurs entreprises dont Kareea (Formation et développement web), Tutorys (Plate-forme de e-learning), AfrikanFunding (Plate-forme de crowdfunding). Après un échec sur ma startup Tutorys, à cause d’une mauvaise exécution Business, un manque de réseau, pas de mentor, je suis parti 6 mois en immersion dans l’écosystème Tech au Sénégal. J’ai rencontré de nombreux entrepreneurs passionnés, talentueux et déterminés. A mon retour sur Paris je décide de raconter leur histoire en créant le média AfrikaTech. L'objectif est de soutenir les entrepreneurs qui se battent quotidiennement en Afrique en leur offrant la visibilité, les connaissances, le réseautage et les capitaux nécessaires pour réussir. L'Afrique de demain se construit aujourd'hui ensemble. Rejoignez-nous ! LinkedIn: https://www.linkedin.com/in/boubacardiallo

Related Posts

Leave a Reply

Your email address will not be published.