‘We can build it ourselves’ – Ibrahim Mahama reaffirms belief in Ghanaian entrepreneurship

Chief Executive Officer and sole shareholder of Dzata Cement Limited, Ibrahim Mahama, reaffirmed his belief in the potential of Ghanaians to establish and manage large-scale enterprises independently of foreign companies. During the 5th anniversary celebration of Dzata Cement, Mr. Mahama highlighted that his motivation for founding the cement manufacturing company was to debunk the notion that Ghanaians were incapable of constructing and running a cement plant.

He emphasized that local entrepreneurs must be prepared to undertake ambitious projects and demonstrate that businesses rooted in Ghana can compete with industries traditionally dominated by foreign entities. "We can build it ourselves," Mr. Mahama stated emphatically.

Reflecting on his early experiences as a cement transporter and mining contractor, Mr. Mahama recalled the pivotal moment when he observed the operations of Ghacem cement plant in Takoradi. This insight led him to believe that establishing a cement manufacturing plant in Ghana was a feasible endeavor. He traveled to Germany to secure equipment from manufacturers and obtained financing from banks to support the project.

However, the construction and installation of the plant were fraught with financial and operational challenges. Despite these hurdles, crucial support from his younger brother and distributors helped secure the completion of the equipment installation.

Mr. Mahama also acknowledged the critical role of distributors in supporting Dzata Cement during its formative years, especially when the company faced difficulties in raising funds to import cement. These distributors rallied behind the company, ensuring that the cement could be distributed to the market. Additionally, he expressed gratitude to former Trade Minister Alan Kwadwo Kyerematen for his support of the project during the tenure of former President Nana Addo Dankwa Akufo-Addo.

Mr. Mahama acknowledged the former minister's significant contribution to the establishment of the company, expressing appreciation for his backing.

During the fifth anniversary celebration of Dzata Cement, the businessman took the opportunity to reflect on the company's journey, the challenges faced in setting up the plant, and the support received from individuals and business partners. Mr. Mahama reiterated his commitment to proving that Ghanaian entrepreneurs are capable of undertaking major industrial projects and building businesses that can contribute to the nation's economic development.