Africa’s biggest cement producer, Dangote Cement plans to be  listed on the London Stock Exchange in 2019.

The company’s president, Aliko Dangote made this known in London on Monday.

Dangote spoke  during “One to One Conversation”, with Lionel Barber, the editor of Financial Times  at the on-going 5th annual Financial Times African Summit.

He told his audience comprising of investors, business magnates, captains of industry and African Heads of Government which included President Nana Akufo-Addo of Ghana and Ali Bongo of Gabon, that the listing might happen in 2019.

According to him, all hands are on deck to complete the process of listing, the development which he said is being looked towards for by the business community.

Asked who the bankers could be for the IPO,  Dangote said “the usual ones…Bank of America Merrill Lynch, Standard Chartered.”

Dangote Cement is already the most capitalised stock on the Nigerian Stock Exchange, accounting for about 25 per cent of the value. Listed on the exchange’s premium board the company’s market capitalisation as at October was N3.41 trillion, out of the entire N13 trillion value of the Nigerian Exchange.

The company which began operation in 2007 has manufacturing operations in Obajana, Ibese and Gboko.