Business is booming.

Zambian Minister seeks Dangote’s collaboration on agric sector development

The Zambian Minister of Commerce and Industry, Mr Chipoka Mulenga, has urged the President of Dangote Group, Mr Aliko Dangote, to collaborate with the Zambian Government to develop its agricultural sector.

Mulenga made the appeal during a Zambian team tour of the 3.00 million metric tonnes Dangote Fertiliser Plant in Lagos.

He said the collaboration between Dangote group and the Zambian Government was to establish a fertiliser plant in the southern African country.

He said that investment in fertiliser production would not only help the country to be self-sufficient in food production, but also help grow the Zambian economy as well as that of its neigbouring countries.

Mulenga stated that the Zambian government had created an enabling environment for local and foreign investment through great incentives to attract investment into all sectors of the economy.

He described the country as Africa’s new investment destination because of its stable political system, stable macroeconomic environment and investment protection guarantees.

He added that the country was strong in agriculture and sought to become stronger through having its own fertiliser plant.

“The Zambian Government in the last budget made some pronouncements which focus on value addition, industrialisation, skill enhancement and development.

“We have a huge youthful population who are ready to work if given the opportunity to be productive.

“Rather than continue to import Fertiliser from anywhere, we want Aliko Dangote to come and establish plant in Zambia seeing that the country’s fertiliser consumption has increased tremendously in the last few years and has continued to increase.

“I am happy that we no longer have to go outside of Africa to seek investors as Dangote has been able to change the narratives through his investment in cement production across Africa.

“Dangote has already established the biggest cement plant in Zambia and the plant has a remarkable portfolio and is bringing positive change to the cement industry, not only in Zambia, but also to other neigbouring countries,” he said.

Quality journalism costs money. Today, we’re asking that you support us to do more. Support our work by sending in your donations.

The donation can be made directly into NatureNews Account below

Guaranty Trust Bank, Nigeria

0609085876

NatureNews Online

Leave a comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Footer Image