Dangote Cement Reveals Plans to List on the Ghana Stock Exchange

Dangote cement has revealed that it is considering listing on the Ghana Stock Exchange (GSE) in the near future.

The cement producing giant who recently commissioned the largest cement plant in Africa intends to increase its production in Ghana.

Business and Marketing Manager of Dangote cement in Ghana, Joseph Aboo said that the company will make the move after it properly establishes itself in Ghana. 

“The plans are there but not yet. We want to establish ourselves. We want to instil confidence in the Ghanaian market and that is one of the factors that can support you when you want to enlist your company on stock exchange. So the confidence should be there, then the others will follow.”

Mr Aboo assuaged concerns about the dominance of a few other cement companies in Ghana as it strives to penetrate the market.

“We believe that with the product that we have, the market will attest to the fact that we are the only company producing class 42.5r in the market. That is the strongest cement that you can have in Ghana. So with that quality imprint and with the price we are offering it’s a good deal. So with this, we are not afraid of the competition; we can penetrate and we can serve the market to their tast

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