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.
Dangote Cement Plc
-
-
Dangote Cement’s remarkable financial performance and ability to sustain profit growth solidify its position as a top player in the African cement …
-
Dangote is set to expand the production capacity of Dangote Cement by constructing a new integrated cement plant in Itori, Ogun State.
-
Dangote’s 86-percent stake in his cement company is worth $8.64 billion.
- Hot News
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.
-
His net worth plunged from $19.1 billion at the start of the month to $18.7 billion.
- Hot News
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.