Billionaire businessman Aliko Dangote is now a coal miner as Tanzania has offered his Company in the southeastern town of Mtwara, land to mine coal for its operations.
Tanzania’s Ministry of Energy and Minerals at the weekend handed a 10-square-kilometre plot of land to the $500 million cement factory set up in 2015 by Aliko Dangote, Africa’s richest man.
The factory has an annual capacity of 3 million tonnes.
Dangote, Africa’s biggest cement producer, is seeking to double Tanzania’s annual output of cement to 6 million tonnes. It plans to roll out plants across Africa.
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