Aliko Dangote, CEO of Dangote Group, has announced plans to expand the Mugher cement plant in Ethiopia, located 85 km from Addis Ababa. With an investment of $400 million, the goal is to double its annual production capacity to 5 million tonnes by 2027. The plant, which opened in 2015, has faced challenges, including regional instability and violence. Dangote also plans to build a new grinding unit near Addis Ababa and invest in Ethiopia’s sugar industry. This expansion aligns with Dangote’s broader strategy to increase investments in Ethiopia and Africa.
