Sephaku Cement sees 6% FY18 cement volumes fall
Sephaku Cement (Dangote Group) reported FY18 cement volumes fell by 6.4 per cent YoY in South Africa. Revenue also fell 3.1 per cent to ZAR2.2bn (US$153.9m) compared with ZAR2....
Dangote Cement
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Dangote Cameroon cement sales stable at 1.2Mt in 2018
Dangote Cement sold 1.2Mt of cement in Cameroon in 2018, reflecting stable sales when compared with the previous years, according to the Nigeria-based company. Dangote Camero...
Dangote Cement to become largest cement exporter in sub-Saharan Africa
Aliko Dangote, president of Dangote Industries Ltd, has revealed the target set for Dangote Cement’s export plans by next year. "By next year we will be the largest exporter o...
Dangote Cement reports rise in group revenue for 2018
Nigeria’s Dangote Cement announced a 11.9 per cent YoY rise in group revenue to NGN901.2bn (US$2.48bn) from NGN805.6bn for the full-year 2018 period. The results were driven by...
Dangote hires new CFO ahead of London IPO
Dangote Cement has hired Guillaume Moyen as chief financial officer for operations ahead of the company’s proposed listing on the London Stock Exchange later this year. Mr Mo...
Olesegun Olusanya resigns from Dangote Cement board
Olusegun Olusanya has resigned form Dangote Cement Plc's Board of Directors. The cement maker disclosed on Monday Mr Olusanya informed the board that he would pursue other oppo...
Aumund wins Sinoma orders in Nigeria and Senegal
Aumund Group has received several new orders from Sinoma Nanjing NDI for cement plants in Nigeria and Senegal, while Schade Lagertechnik, part of the Aumund group, has received...
Aliko Dangote has targeted Kenyan producer believed to be ARM
Dangote Cement is understood to be in talks to buy the troubled Kenyan cement maker ARM. This follows an interview of Aliko Dangote by Bloomberg News in which he said: "Ther...
Dangote reports 15% rise in 9M EBITDA
Dangote Cement announced a 13.5 per cent rise in group revenues to NGN685.29bn (US$1.88bn) for 9M18 as sales volumes advanced 7.6 per cent to nearly 17.8Mt. Group EBITDA rose 1...
Dangote starts work on Niger plant
Dangote starts work on the construction of a XOF180bn (US$315.8m) cement plant in Keita, Niger, according to the country’s national TV organisation. The new works will also ...