Dangote Makes Second Bite At Zimbabwe’s Cherry

Nigerian billionaire businessman Aliko Dangote, has landed in Zimbabwe reportedly to finalize a USD1 billion dollar investment deal.

Dangote, who is also the richest man in Africa, is making his second sojourn into Zimbabwe where he intends to invest in a cement factory, a coal miner and a power station.

The sugar and cement tycoon first visited Zimbabwe on August 31 in 2015, but nothing materialized, with reports later emerging that he had been scuttled by demands for bribes by government officials.

Dangote arrived this morning at Robert Mugabe International Airport and was met by the key architects of the deal who included Presidential Investment Advisor Dr. Tempter Paul Tungwarara, Bard Santner CEO Senziwani Sikhosana, Bard Santner Executive Directors Tatenda Hungwe and Lucia Chingwaru.

The project targets an integrated industrial complex, including a cement plant, coal mine, and power station.