Dangote visit to Ruto's inauguration stirs speculation of cement, fertiliser investment

CEO Mamlaka Foods Kiprop Chirchir, Nigerian billionaire Aliko Dangote, Kimani Ichungwa and Governor Kayode Fayemi.

From left CEO Mamlaka Foods Kiprop Chirchir, Nigerian billionaire Aliko Dangote, Kimani Ichungwa and Nigeria Ekiti State Governor Kayode Fayemi at a Nairobi hotel on September 13, 2022, before they left for Kasarani stadium for President William Ruto’s inauguration ceremony.


Photo credit: Vincent Chepkwony

What you need to know:

  • Coincidentally, Mr Dangote deals in cement and fertiliser, products that feature heavily in President Ruto’s economic blueprint.
  • Mr Dangote had previously tried to invest in Kenya but in 2017 pushed back plans to set up his Dangote Cement plant in the country to 2021.
  • Dangote Cement had tipped its plants in Kenya to each produce 1.5 million tonnes of cement annually, making it Kenya’s second-largest cement manufacturer.