Sooner or later Aliko Dangote WILL FALL
- Thread starter Ramiran
- Start date
It's Me Scumbag
Elder Lister
That would be very sad.
Kasaman
Elder Lister
What happened with coal factory in kitui ?
Dibbz
Lister
Said the mega corruption in kenya discouraged him. He didnt know then that kenya is more corrupt than nigeria...so says jeff koinange.
Kasaman
Elder Lister
Sad ,the coal deposits were to power Lamu port very sad situation !
maybe it's a blessing in disguise considering how dirty coal is.
but if it passed, the politician wouldn't be eating from the wind farm or the proposed Nuclear power plant?
Kasaman
Elder Lister
They were to generate power using coal ,away from Lamu port .
AU5
Elder Lister
for Dangote, it was a Cement plant and Limestone mining.
Dangote Cement has revealed that they have registered two companies in Kenya with plans to build two plants of 1.5Mta each, near Nairobi and Mombasa, to serve the local market.
The company, which is majority owned by Africa’s richest man notes that Kenya is an exciting market and that the country is high on its priorities. They now hope the two plants will be operational by 2019/2020. The two companies will separately deal with Limestone mining and the other cement production.
Interestingly, Dangote owns 90.00% of the two companies while 10.00% is owned by some “LOCAL SHAREHOLDERS”.
- Dangote Cement Kenya Limited 90.00%. (Cement Production)
- Dangote Quarries Kenya Limited (Limestone mining)
Currently, the company exports cement from Ethiopia to Kenya and other neighbouring countries such as Somalia and South Sudan, despite the distances involved.
“In the east Africa we have existing or planned operations in Ethiopia, Tanzania & Kenya. All these countries have ample native limestone, so all our facilities there will be integrated factories.” the company says in a report on its website.
Dangote Registers Two Companies in Kenya, To start operations in 2019/20
Dangote Cement has revealed that they have registered two companies in Kenya with plans to build two plants of 1.5Mta each, near Nairobi and Mombasa, to serve the local market. […]
kenyanwallstreet.com
Africa's richest man firms up plans for investment in Kenya - Business Today Kenya
The tycoon, who previously said he put on hold plans to venture into the country following demands for kickbacks that shocked him, however, did not reveal the firm his Dangote Industries is interested in
businesstoday.co.ke
The coal plant was to be done by the Kenyan Government. (halted in 2019)
In January 2014, the Government of Kenya sourced for bids from private developers to build, own, and operate the power station. In September 2014, the development rights were awarded to a consortium of the following entities:[27]
- gulf Energy - An independent Kenyan energy generating company
- Centum Investments - A private equity firm, headquartered in Nairobi, with investments in Kenya and Uganda.
- Sichuan Electric Power Design and Consulting Company Limited (SEDC) - A subsidiary of Power Construction Corporation of China (PowerChina)
Two of the losing bidders challenged the award in court. An arbitration tribunal, however, upheld the award in January 2015.[28][29]
Lamu Coal Power Station - Wikipedia
AU5
Elder Lister
for Dangote, it was a Cement plant and Limestone mining.
Dangote Cement has revealed that they have registered two companies in Kenya with plans to build two plants of 1.5Mta each, near Nairobi and Mombasa, to serve the local market.
The company, which is majority owned by Africa’s richest man notes that Kenya is an exciting market and that the country is high on its priorities. They now hope the two plants will be operational by 2019/2020. The two companies will separately deal with Limestone mining and the other cement production.
Interestingly, Dangote owns 90.00% of the two companies while 10.00% is owned by some “LOCAL SHAREHOLDERS”.
Dangote Cement also notes that they entered into an agreement with the Industrial and Commercial Bank of China to fund their expansion into the country at very attractive terms.
- Dangote Cement Kenya Limited 90.00%. (Cement Production)
- Dangote Quarries Kenya Limited (Limestone mining)
Currently, the company exports cement from Ethiopia to Kenya and other neighbouring countries such as Somalia and South Sudan, despite the distances involved.
“In the east Africa we have existing or planned operations in Ethiopia, Tanzania & Kenya. All these countries have ample native limestone, so all our facilities there will be integrated factories.” the company says in a report on its website.
Dangote Registers Two Companies in Kenya, To start operations in 2019/20
Dangote Cement has revealed that they have registered two companies in Kenya with plans to build two plants of 1.5Mta each, near Nairobi and Mombasa, to serve the local market. […]
Africa's richest man firms up plans for investment in Kenya - Business Today Kenya
The tycoon, who previously said he put on hold plans to venture into the country following demands for kickbacks that shocked him, however, did not reveal the firm his Dangote Industries is interested in
The coal plant was to be done by the Kenyan Government. (halted in 2019)
In January 2014, the Government of Kenya sourced for bids from private developers to build, own, and operate the power station. In September 2014, the development rights were awarded to a consortium of the following entities:[27]
- gulf Energy - An independent Kenyan energy generating company
- Centum Investments - A private equity firm, headquartered in Nairobi, with investments in Kenya and Uganda.
- Sichuan Electric Power Design and Consulting Company Limited (SEDC) - A subsidiary of Power Construction Corporation of China (PowerChina)
Two of the losing bidders challenged the award in court. An arbitration tribunal, however, upheld the award in January 2015.[28][29]
Lamu Coal Power Station - Wikipedia
en.wikipedia.org
Exactre! So wasn't on a wrong path