(Ecofin Agency) - Philémon Yang (photo), Prime Minister of Cameroon, commissioned this 27 August 2015 in Douala, the economic capital, the Dangote cement plant, of a production capacity of 1.5 million tons. An investment of FCfa 50 billion, this cement factory built on the Wouri riverbank by Nigerian billionaire Aliko Dangote, aims to attract 30% of the Cameroonian market in 2015, currently dominated by Lafarge group.

From Cameroon, the richest man in Africa is looking to even conquer the entire Central African region, by building a second Cameroonian cement factory in Yaoundé (also 1.5 million tons). He himself announced this news on 2 July 2015 in Yaoundé, the capital, after a meeting with the Cameroonian Prime Minister.

On 26 August 2015, the Managing Director of the Dangote group, Indian Edwin Devakumar, had officially announced that the group would soon sign contracts for a total sum of USD 4.34 billion (over FCfa 300 billion) with the Chinese company Sinoma International Engineering Co, for the construction of new factories in 8 African and Asian countries, including Cameroon.