Dangote Cement set to begin share repurchase scheme
Nigeria’s Dangote Cement is planning to begin a share buyback programme, starting with a first tranche of 85.2m shares or 0.5 per cent of the total in issue. The purchase is se...
Dangote Cement
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Dangote Cameroon sells 1Mt of cement in the 9M20
Dangote Cameroon has announced that it sold around 1Mt of cement from its 1.5Mta grinding plant in the first nine months of 2020, up 18 per cent YoY from the 9M19. The company ...
Community petitions Dangote for payment of land ownership entitlements
Members of the Ijako-Orile community in the Yewa North area of Ogun State, Nigeria, have staged a peaceful protest, urging for the payment of their ownership entitlements to th...
Tanzanian cement producers highlight price hikes
Dangote Cement in Tanzania apologised to the government for the failure to communicate to the public on the temporary shutdown of its plant for maintenance, which caused price ...
Dangote posts 12% rise in 3Q revenue
Dangote Cement plc reported a revenue of NGN761.4bn (US$1.987bn) in the nine months ended 30 September 2020, representing a 12 per cent YoY rise when compared with 9M19, accor...
Dangote's IPO on LSE not expected until 2023
Nigeria’s Dangote Cement is not expected to attempt an initial public offering on the London Stock Exchange until at least 2023, according to News 24. "The London listing is ...
Dangote Cement PLC offers transparency for 2019 Annual and Sustainability Report
Dangote Cement offered transparency of the facts behind the figures of its combined Annual and Sustainability Report of 2019 in a webinar. The report was presented online yeste...
Dangote to test US$90 power plant for Mtwara cement factory
Dangote Cement will test run a new US$90m gas-fired power plant in Mtwara, Tanzania, later this month. The plant has been delayed with the outbreak of COVID-19, but it will sup...
Nigeria in focus
Nigeria, Africa's biggest cement market, is still pushing the bar in terms of profits for cement companies at a time when other countries are struggling to overcome the financi...
1H20 results show regional impact of coronavirus on cement demand
This week, the cement industry majors have been announcing their business results for the first half of 2020. The business results of Dangote Cement, Cemex, UltraTech, Heidelbe...