Alhaji Aliko Dangote, plans establishing a business presence in Liberia pays courtesy call to Pres. Sirleaf of Liberia.

Alhaji Aliko Dangote

President Ellen Johnson Sirleaf

Our own Alhaji Aliko Dangote is blazing the trail once more as usual by extending his Business tentacles further in the West African sub-region. Well what can we say, but A HUGE KUDOS TO HIM. Read,

Africa’s richest man, billionaire Alhaji Aliko Dangote, paid a courtesy call, Thursday, on President Ellen Johnson Sirleaf at her Foreign Ministry Office, where he briefed her on the progress of his investment in Liberia.

According to sources, the two discussed ongoing arrangements for a cement plant which the billionaire’s company, Dangote Cement Liberia Ltd. is planning in Liberia shortly, as well as plans for a coal-based power plant that would greatly reduce the cost of, and access to, electricity in the country.

Also on electricity, Mr. Dangote said that his proposed coal-burning power plant would produce some 20 megawatts of power, but his operations would require only 1.2 megawatts. The excess could be sold to the government at no more than 12 cents per kilowatt hour. “Tell us what you need, and we will produce it,” he said of the power-generation capacity of the plant, which he said could be operational in 15 months. Approximately 30 acres of land are needed for such a facility, which includes huge boilers and cooling plants, along with access to a source of sweet water – where the water table is high.

Mr. Dangote pointed out that throughout Africa, the major issue is power. Stressing that insufficient power leads to a stalled growth. Read more on allafrica.