En marge du sommet de At the African Union summit in Addis Ababa, the Nigerian billionaire Aliko Dangote announced that his group plans to spend 400 million dollars on its Mugher cement plant.

Billionaire Aliko Dangote wants to increase his investments in Ethiopia. He plans to double the capacity of his cement plant opened in the center of the country ten years ago. It is located about 90 km north of the Ethiopian capital. By the end of 2027, the investment should make it possible to double the factory's production to 5 million tonnes per year. Aliko Dangote is also planning to build a new cement grinding plant near Addis Ababa. And to increase its investments in sugar production. Along with fertilizers and oil refining, it is one of the sectors of activity favoured by the group on the continent