Dangote Industries Ltd to produce phosphate fertilizers with Togo ($2 billion)

The Nigerian billionaire is also planning to set up a $60 million cement plant in Togo.

07/11/2019 at 17h43, by Gaëlle Arenson

The presidency of Togo has made a succession of investment announcements over the past 24 hours. After last night’s official confirmation of the acquisition of a 51% stake by the Exian/ECP duo in the national telecoms operator Togocom, Lomé has just signed an agreement with Dangote Industries Ltd for the manufacture of phosphate fertilizers for the West African market.

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