NGX Urges East African Investors to Key into Dangote’s Vision of Locally-sourced Capital
Ndubuisi Francis in Abuja Chairman of the Nigeria Exchange Group (NGX), Alhaju Umaru Kwairanga, has urged East African investors to embrace the vision of billionaire industrialist, Alhaji Aliko Dangote, by
Alhaju Umaru Kwairanga, Chairman of the Nigeria Exchange Group (NGX), has called on East African investors to support Alhaji Aliko Dangote’s vision of using locally-sourced capital instead of expensive and unreliable foreign loans. During a recent high-level investment meeting at the Nairobi Stock Exchange (NSE) in Kenya, Ngw highlighted how Dangote’s Dangote Refinery in Nigeria has transformed the country, making it self-sufficient in cement and exporting the product.
Ng also stated his confidence that a similar refinery planned for Kenya will have a similarly positive impact across the entire East African region. Ng emphasized the importance of relying on locally sourced capital and urged East African investors to provide the necessary capital and support to drive the continent towards greater development.
Written by urgent.news from This Day's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
