Dangote Group on another job creating venture

(The Guardian Nigeria) Aliko Dangote has been instrumental in creating jobs in Africa. The multi-sector Dangote group is one of the biggest employers in Africa and has helped many Africans and expatriates make their careers in Africa.

 

While the group aims to create jobs in Africa for the locals, Africa recruitment agencies are directed to hire expatriates to fill vacancies in Africa where required skills are not available locally.

 

Sephaku Cement, a subsidiary of Dangote Cement and an indigenous player in South Africa’s cement industry will become a leading cement producer in South Africa, enabling significant job creation with wider economic benefits.

 

It  has signed $222 million (N34.85 billion) of domestic debt funding for its $390 million (N62.4 billion) cement and clinker plant projects spanning two provinces in the continent’s biggest economy.

 

This deal indicates a strong, new commitment to industrial development and working to match the need for growing housing and infrastructure requirements building in South Africa. Through new infrastructure establishment and the resulting local job creation, the investment benefit will extend to provincial and community development.

 

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