Dangote Cement revenue surges 69 percent to $1.56 billion in nine months
Pan-African operations drive growth; profit margins remain steady despite rising costs.
Dangote Cement Plc
Africa’s richest man Aliko Dangote donates 10,000 rice bags to needy in Anambra
The move adds to the foundation’s recent efforts to alleviate economic hardships and address critical social issues in Nigeria.
Africa’s richest man loses $2.6 billion amid naira’s descent as worst-performing currency
The decline follows a brief uptick in April fueled by the Central Bank of Nigeria’s (CBN) efforts to address a backlog of dollar obligations, which strengthened the naira.
Africa’s richest man boosts regional growth with seven clinker vessels to Ghana, Cameroon
In the first quarter of 2024, Dangote Cement’s Nigerian operations shipped a total of 178,000 tonnes of clinker to Cameroon and Ghana.
Nigeria’s fourth-richest man Femi Otedola invests big in Dangote Cement
This investment follows Otedola’s return to the Forbes Africa’s Richest List, where he now boasts an estimated net worth of $1.2 billion.
Aliko Dangote’s cement empire achieves 9-month profit exceeding $340 million
Dangote Cement’s remarkable financial performance and ability to sustain profit growth solidify its position as a top player in the African cement industry.
Nigerian billionaire Aliko Dangote plans new cement plants for expansion
Dangote is set to expand the production capacity of Dangote Cement by constructing a new integrated cement plant in Itori, Ogun State.
Aliko Dangote’s net worth surpass $19 billion, first time since September
Dangote’s 86-percent stake in his cement company is worth $8.64 billion.
Cement plant owned by Aliko Dangote’s Dangote Cement under ‘lock and key’ as state gov’t plans recovery
The Obajana Cement Factory opened in 2008.
Africa’s richest man Aliko Dangote loses $400 million in September
His net worth plunged from $19.1 billion at the start of the month to $18.7 billion.
Aliko Dangote’s cement firm reports lower profit as energy costs, forex losses bite into earnings
The group’s profit decreased by more than 10 percent in the first half of 2022.