The loyal acquaintance of Inoussa Kanazoé has made the most of the void left by the global trading giants and support from the coup leaders to become one of the country s biggest fuel suppliers and a
Burkina Faso s Cim Métal wants to take on Nigeria s Dangote in Togo s cement market naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.
By Nadoun Coulibaly
After the successful development of industrial activities at Cim Métal Group, CEO Inoussa Kanazoé is now tackling the Togolese market. He intends to make his move in a sector dominated by the imposing figure of the Nigerian tycoon Aliko Dangote.
In September 2020, Cim Métal Group’s discreet CEO Inoussa Kanazoé started marketing cement from its Togolese subsidiary. Already active in Burkina Faso with CimFaso and Cimasso, as well as in Côte d’Ivoire with CimIvoire, Kanazoé does not intend to stop there.
The establishment of the Lomé plant with a capacity of 2.5m tonnes of cement – representing an investment of 65bn CFA francs ($125m) – marks a further step taken by the businessman in manufacturing cement and consumer products (rice, sugar, oil, etc.), which helped him make his first mark in the sector. The project was made possible due to technology from the German manufacturer Gebr. Pfeiffer.