Nigerian Aliko Dangote’s plan to set up a cement factory in Kenyan seems to have run into a storm. The project has taken too long to take off and we are instead witnessing him flood the Kenyan market with cheap cement from Ethiopia.
This is against the policy of job creation and fair competition but the Government is partly to blame. It should bring down the cost of electricity and offer investors other incentives.
We should not export jobs by helping Dangote to ‘fund raise’ so he can finance his entry in Kenya as this is killing local factories.
