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 ...

“The next day, I ran to Obajana Airport. I missed my flight because the plane couldn’t land as there was no light, so I slept at the Dangote cement factory with nine people. So, I spent three ...

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 ...

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 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 ...

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 has declared profit after tax of N503.2 billion, a growth of 10.5 per cent year-on-year for the year ended December 31, 2024. The audited results of the Company revealed that ...

Abuja — Aliko Dangote, Africa's richest man, has announced a $400 million plan to revive a second production line at the Mugher cement plant in Ethiopia, aiming to double the facility's annual ...

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