December 8, 2022



Zambia seeks Dangote’s help in growing fertiliser business

Aliko Dangote

The Zambian Minister of Commerce and Business, Mr. Chipoka Mulenga, has sought the help of the President, Dangote Group, Aliko Dangote within the improvement of his nation’s agricultural sector.

Chipoka Mulenga, who led a delegation from Zambia on tour of the three.00 million metric tonnes Dangote Fertiliser plant on the weekend, known as for a collaboration between Dangote Group and the Zambian authorities within the institution of fertiliser plant within the southern African nation.

Mulenga expressed perception that any funding in fertiliser manufacturing won’t solely assist the nation to be self-sufficient in meals manufacturing, it should additionally assist develop the Zambian financial system in addition to that of the neigbouring international locations.

In accordance him, the Zambian authorities has created an enabling atmosphere for native and international funding by means of nice incentives to draw funding in all sectors of the financial system.

“The Zambian authorities within the final price range made some pronouncements which concentrate on worth addition, industrialisation, ability enhancement and improvement. Now we have an enormous youthful inhabitants who’re able to work if given the chance to be productive,” he mentioned.

He mentioned that Zambia is powerful in agriculture and even searching for to grow to be stronger by means of having its personal Fertiliser plant. “Fairly than proceed to import Fertiliser from anyplace, we wish Aliko Dangote to come back and set up plant in Zambia. The nation’s fertiliser consumption has elevated tremendously in the previous couple of years and has continued to extend. I’m blissful that we not need to go outdoors of Africa to hunt traders,” he added.

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Mulenga counseled the President/CE of Dangote Group, Mr. Aliko Dangote for investing massively in fertiliser manufacturing in Nigeria.

Talking on the finish of the tour, Chief Government Officer of Dangote Fertiliser Restricted, Mr. Vishwajit Sinha mentioned demand for Urea fertiliser within the Nigerian market and past stays sturdy and is predicted to proceed to develop.

He mentioned the $2.5 billion fertiliser complicated would make Nigeria self-sufficient in fertiliser manufacturing with extra capability exported to different African international locations and the remainder of the world.