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Photos: Dangote Group Opens $500Million Cement Factory In Addis Ababa Ethiopia

dangote cement plant addis ababa ethiopia

June 4, 2015 – Pictures: Dangote Group Opens $500Million Cement Plant In Addis Ababa Ethiopia, Dele Momodu, Oshiomhole & Wife Iara Fortes Present

Africa’s richest man, Alhaji Aliko Dangote has found a need in far away Ethiopia and has filled it.

Due to the recent cement scarcity in Ethiopia, Dangote Group has opened a massive cement production factory in the heart of Addis Ababa, the capital of Ethiopia.

The $500 million cement factory officially opened for business today amidst Glitz and Glamour.

Dignitaries at the opening ceremony include Jim Ovia, Dele Momodu, Edo State Governor Oshiomhole and his beautiful wife, Iara and many others.

Aliko Dangote’s best kept secret is that he is a need hunter.

Finding a need in your niche and filling it is the number one key to business success.



  1. Big Daddy

    June 4, 2015 at 8:59 PM

    I can never envy him because I don’t know the secret of his wealth.

    • Uzoma

      June 5, 2015 at 7:38 PM

      Big Daddy, the source of his wealth is Obasanjo. They were two people who applied for license to import cement into Nigeria vis: Dangote and Ibeto but Obasanjo gave the contract to Dangote alone. Ibeto had advocated reopening the Nkalagu cement factory in Nigeria but Obasanjo refused and instead of him to award the import contract to both of them, he awarded it to Dangote alone. This is why he has the monopoly of cement in Nigeria. This was during Obasanjo first term as president. He did it because of Dangote’s uncle, Alhaji… (can’t remember his name again).

  2. omokehinde

    June 5, 2015 at 12:30 AM

    I don’t understand why a man who has monopoly over Nigerian cement and sugar industry in Nigeria will abandoned his fatherland for Ethiopia for job creation. In a nation with over 65% unemployment among our able youth, I think we need more of productivity and industry creation on Nigerian soil and not elsewhere. Congratulations Alhaji Aliko Dangotte for your business success in Ethiopia, but I would be happier with that cement factory been built in Nigeria. I’m urging our many billionaires to be more patriotic by creating jobs for millions of our unemployed and battered youths for a better, prosperous, and stable nation. An idle mind is the devil’s workshop.

  3. Chidi

    June 5, 2015 at 9:34 AM

    Why in Ethiopia? why not in Nigeria? He is not a patriotic citizen of Nigeria.

  4. Jilo

    June 5, 2015 at 2:27 PM

    This guy is very smart. To my understanding, he must have done this due to many reasons which may include protecting his assets from being probe under Buhari administration. Remember most of our polithievians are using people like Dangote and other business moguls in Nigeria to siphone our treasury. This action have been premeditated. When the investigation is launched most of his assets may be seized so in order for this not to happen, he quickly opt for plan B i e moving the asset before any probe. This guy knew that Buhari may be u compromise and difficult to deal with. Dangote knows that this is the time for him to help Nigeria resuscitate its economy by providing jobs to many Nigerians but guess what! he did this for the reason best known to him. To become a richest man in Africa emanate from Nigeria you must have had some element of crook in your system.

  5. Danti

    June 5, 2015 at 3:14 PM

    He is doing the right thing, ask yourself why is coca cola is in 280 countries? He has done enough for this sorry country of ours, the people that call him monopolist also want him to build another cement company here in Nigeria. The way some people fabricate their thoughts are very disturbing, Dangote is an international businessman not “locally – for-the- locals”. Folks, let us learn to encourage ourselves and desist from ruinous comments that devoid of common sense.

  6. Heaven Knows

    June 5, 2015 at 5:37 PM

    Should we be judge by the pipe he used in siphonin the national cake or those puttin more cakes in the already filled frypan? See, with or without them, Nigeria youths will be employed and emacipate thenselvs from these multi-national economics voodoos and the massive slavery they have engulfed the future leaders into. If Alhaji Aliko Dangote is among the looters, well, he(Aliko Dangote) cant escape the wrath of Rule of Law which is the besdrock of Mohammedu Buhari Administration.

  7. Uzoma

    June 5, 2015 at 7:39 PM

    Jilo, you have a point. You are correct.

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