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Burkina Faso s Cim Métal wants to take on Nigeria s Dangote in Togo s cement market

Burkina Faso s Cim Métal wants to take on Nigeria s Dangote in Togo s cement market
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Burkina Faso s Cim Métal wants to take on Nigeria s Dangote in Togo s cement market

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.

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