LAGOS, Nigeria—Africa’s richest person, industrial titan Aliko Dangote, has a lofty goal: He wants to become Nigeria’s John D. Rockefeller, using his wealth to transform his homeland.

Dangote capitalized on the change, securing tax incentives to build a sugar mill, flour refinery and cement factory. The cement business has been especially lucrative, generating gross margins of ...

Dangote Cement, BUA Cement, and Lafarge have reported a mouthwatering profit after tax of N677.48 billion due to the cement ...

Dangote Cement aims to double its production at its Mugher cement plant in Ethiopia to stay ahead of newly arrived Chinese firms, including West China Cement. The founder and CEO of Dangote Industries ...

As the company pushes forward with expansion plans in Côte d’Ivoire and Ethiopia, it faces growing competition from Chinese ...

Africa’s richest man, Aliko Dangote, said he would double the production capacity of his cement operations in Ethiopia with a new $400 million investment. The Nigerian entrepreneur said Dangote ...

Dangote Cement Plc has reported a revenue of N3.58tn for the financial year ended December 31, 2024, representing a 62 per cent increase from N2.21tn recorded in 2023. The company’s financial ...

Dangote Cement PLC (NSA:DCP) achieved a significant revenue growth of 62.2% in 2024, reaching NGN3,580.6 billion, driven by strong performance in both Nigerian and Pan-African markets. The company ...