Investment Corp of Dubai (ICD), the emirate's sovereign wealth fund, said it is exploring further investment opportunities with Nigeria’s largest cement manufacturer Dangote after purchasing a minority stake in the African group last month.
Dangote Cement, which is listed on the Nigeria Stock Exchange, forms part of the Dangote Group, a diversified conglomerate of African businesses. "We have been looking at Africa for a long time. We are looking to do more business with Dangote and we have some ventures that we are exploring at the moment together," Mohammed Al Shaibani told an Africa-focussed investment event in Dubai on Wednesday...............................................Full Article: Source
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