Dangote Cement, Africa’s biggest producer of the building material, hired Onne van der Weijde as chief executive officer, its outgoing CEO said.
Onne van der Weijde will take over the role from Feb. 1 , Devakumar Edwin said in an e-mailed response to questions from Bloomberg News. Edwin said the transition comes at a time when some of the large capital expenditure projects of Dangote Industries, which he handles, have started to materialize.
Dangote Cement, Nigeria’s largest company, could benefit from a predicted rise in cement prices in the country. Its projects, including a petroleum refinery, a petrochemicals complex and fertilizer plant, are now underway, Edwin said.