Dangote Cement Says Some Staff Left Liberia on Ebola Concern

Dangote Cement Plc (DANGCEM), Nigeria’s largest company and the continent’s biggest producer of the building material, said some employees left Liberia on concern the spread of Ebola will limit options to travel in out of the West African country.

Dangote Cement, controlled by Africa’s richest man Aliko Dangote, doesn’t expect the the deadly disease to have a “big impact” on its operations as previous outbreaks have been “short term,” Chief Executive Officer Devakumar Edwin said on a conference call today. The Lagos-based company said today in an earnings statement that it’s reviewing plans in Liberia for an import terminal and considering whether a larger grinding facility in the country would be a better investment.

The outbreak of Ebola raging across West Africa that has killed more than 1,000 people may be far worse than the reported cases suggest, the World Health Organization said yesterday. The virus has spread through Sierra Leone, Guinea and Liberia and recently reached Nigeria, Africa’s most populous country.

To contact the reporter on this story: Chris Kay in Lagos at ckay5@bloomberg.net

To contact the editors responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net Dulue Mbachu, Andres R. Martinez

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