Zimbabwe: Dangote investment
Nigerian billionaire Aliko Dangote has said he will not rescind on the decision to invest in Zimbabwe, despite negative reports concerning the country’s economy. Mr Dangote s...
Dangote Cement
357 posts · Page 23 of 36
Dangote: 1Q2016 profits down 22% as volumes rise 70%
Dangote Cement has released its results for the year to March 31 2016. During this period volume sales grew 69.6 per cent to 6.4Mt, while profits slipped from NGN70bn (US$352m)...
Dangote: Nigeria’s currency woes will not alter expansion plans
Dangote Cement’s annual general meeting, held in Lagos, has seen Aliko Dangote set out his plans to grow the business despite worsening economic conditions, particularly in the...
Cement exports on the rise
As global cement capacity continues to rise against a limited demand increase, there is a swell of cement producers chasing ever-smaller export markets across the globe. News t...
Nigeria: Dangote signs US$2bn Chinese bank loans for two cement plants
Dangote Group has signed a deal on Tuesday for a US$2bn loan from the Industrial Commercial Bank of China Ltd for two cement plants, according to Reuters. “The interest rate i...
Nigeria: Work commences on Dangote’s Okpella plant
A groundbreaking ceremony for the construction of a new cement plant has been held as part of celebrations to mark Aliko Dangote’s 59 th birthday. The News Agency of Nigeri...
Ethiopia: Dangote keen on further expansion
Speaking to Ethiopian news portal, 2Merkato, Aliko Dangote, announced the Nigeria-based cement group would expand its investment in Ethiopia. Aliko Dangote, the Nigerian billio...
Dangote Cement full-year boosted by new African plants
Dangote Cement posted a 25.6 per cent rise in 2015 revenues to NGN491.7bn (US$2.47bn) as new plants performed strongly across Africa, the company reported yesterday. New prod...
Gambia minister refutes reports on Dangote licence
Gambia's Information Minister, Sheriff Bojang, has refuted claims that Dangote Cement was denied a licence to establish a local cement plant, explaining that such an investment...
Dangote Cement to target 76.5Mta capacity in Africa by 2020, CEO tells Cemtech 25th anniversary conference
Cemtech’s 25th anniversary celebrations have commenced as the international conference and exhibition series opens its doors in Dubai, UAE, for its annual Cemtech Middle East &...