Nigeria : Dangote Cement Nigeria Profit Jumps on African Growth

Clyde C Coger Jr

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Black Money, for sure ...


Dangote Cement Nigeria Profit Jumps on African Growth



Dangote Cement Plc, Africa’s biggest producer of the building material, said first-half profit rose 28 percent as the benefits of expansion helped make up for “uncertainties” in its home market of Nigeria.

Net income was 121.8 billion naira ($614 million) in the six months through June, compared with 95.4 billion naira in the same period a year earlier, the Lagos-based company said in an e-mailed statement on Thursday. Sales gained 16 percent to 242 billion naira ...




Aliko Dangote and Wife ...




http://www.bloomberg.com/news/artic...profit-121-8b-naira-vs-95-4b-naira?cmpid=yhoo

...

 
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Clyde C Coger Jr

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Africa's richest man, Nigeria's Dangote, plans cement plant in Zimbabwe


The billionaire, whose business empire includes Dangote Cement, also told journalists after meeting Zimbabwe Vice President Emmerson Mnangagwa that he aimed to invest in coal mining and power generation.

He was also due to meet Zimbabwe President Robert Mugabe ...




Honoree and President of the Dangote Group, Aliko Dangote, arrives at the Time 100 gala celebrating the


http://news.yahoo.com/africas-riche...te-plans-cement-plant-132829087--finance.html


...
 

Clyde C Coger Jr

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A new frontier for Alke-bu-lan.



Dangote Industries strengthens relationship with CNN International


·Dangote renews sponsorship of Facetime within ‘CNN Marketplace Africa’ and sponsors new segment ‘Africa Now’
Dangote Industries Limited, one of Africa’s largest business conglomerates is deepening its relationship with CNN International by renewing on-air and digital sponsorship of the prestigious ‘Facetime’ segment within ‘CNN Marketplace Africa’ ...


http://cnnpressroom.blogs.cnn.com/2...engthens-relationship-with-cnn-international/



...

 

Clyde C Coger Jr

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A Surprisingly Wealthy Corner of Africa


Monaco and Qatar get lots of play on the wealth beat, but some of the lands of Swarovski and Cristal keep a lower profile. Like coast-of-West-Africa low. According to the World Bank:



Teensy Equatorial Guinea is the wealthiest country on the African continent

This Spanish-speaking nation of just under 800,000 people is not only the wealthiest country in Africa — in terms of gross domestic product per capita (a country’s income divided by the population), with a $14.31 billion GDP — but also ranks 38th worldwide. It’s higher than countries like Chile, Brazil and Poland — and the average non-Africanist has probably never even heard of it ...


http://news.yahoo.com/surprisingly-wealthy-corner-africa-080000593.html



Equatorial Guinea’s President Teodoro Obiang Nguema Mbasogo.

Source: Talia Kolesnikova / Getty



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