Africa's RICHEST MAN Invests $400m In Kenya To Build A CEMENT FACTORY

On Friday Jonathan Goodluck Nigerians president landed in Kenya with a delegation of more than 150 businessmen from his country to Kenya for a business deals expansion.

The delegation arrived in style with private jets landing at the JKIA,Nigeria according to latest statistics has the highest number of individuals owning private jets and their demand for jet fuel comes second in the world after USA.

Nigeria economy  draws it's revenue largely from oil and are the largest producers in Africa after Libya. Also its the home of Africans billionaires.

Dangote Cement is the biggest cement factory in Africa with it's production running across various countries. In the bid to expand it's wings the owner during the business conference outlined his plan to build a cement factory in Kenya to cover the east Africa region. Kenya was the best bet because it's the nerve centre of the entire location.

The $400 valued investment will see employment opportunities created and a stiff competition between the Dangote and the Kenyans own Bamburi cement and Athi River mining go head to head.

Also during the meeting Kenya and Nigeria reviewed their visa applications policies with Kenya through president and ministry of immigration making it simple for Nigerian businessmen to acquire a visa to conduct their businesses in the country.

The visas validity would vary from 2 to 5 to even ten years it all depends on the magnitude of the business to be carried on. Dangote himself was issued a 5 year visa within a few minutes.

Forbes puts him amongst the top 25 richest in the world and the top in Africa with a value of about $20 billion,that's slightly about the entire national budget of Kenya.