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Africa’s Richest Man, Dangote, Takes Cement Empire to Asia

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Africa’s richest man, Aliko Dangote, says he’s expanding his cement empire to Asia and it will be operational in 30 months.

The 58-year-old Nigerian billionaire said Dangote Cement Plc should complete a factory in Nepal by the end of 2017. It has received 90 percent of the regulatory approvals needed to start construction in the south Asian nation hit by two earthquakes this year, he said.