Dangote Cement records 34% rise in group revenue
Nigeria’s Dangote Cement has announced a 34.2 per cent YoY increase in group revenue to NGN1022bn (US$2.49bn) for the first nine months of the year, compared with NGN761.4bn in...
Dangote Cement
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Sephaku Cement experiences second kiln stoppage
South Africa’s Sephaku Cement has experienced a further kiln stoppage, unrelated to the previous event announced on 30 September 2021. This second plant stoppage began on 16...
Dangote Cement appoints new deputy group MD
Nigeria’s Dangote Cement has appointed Philip Mathew as its new deputy group managing director and CEO, with effect from 15 September 2021. Mr Mathew has 34 years of working e...
Dangote Cement announces NGN150bn commercial paper programme
Nigeria’s Dangote Cement has announced a new NGN150bn (US$364.84m) Commercial Paper Programme. The programme is expected to allow the company to broaden its funding sources and...
Industry majors see success in the 1H21
This week we are taking a look at the first-half results of the cement industry majors, which have all seen a strong overall performance during the course of the year to date. ...
Dangote Cement sees 45% rise in revenue
Nigeria’s Dangote Cement has posted a 44.8 per cent YoY rise in group revenue to NGN690.55bn (US$1.676bn) in the first half of 2021, compared to NGN476.85bn in the year-ago per...
New entrants to help meet Nigeria's increasing cement demand
This week Nigeria has caught attention with announcements of new cement capacity. Not only has Dangote Cement cut the tape on its US$1bn cement plant near Okpella in Edo State,...
Dangote's Edo plant is ready to start production
Dangote Cement's US$1bn plant in Edo, Nigeria, is completed and set for commissioning. The plant has a cement production capacity of 6Mta and is built on a 100ha plot. Th...
Dangote acquires 20,000 vehicles to improve distribution
Nigeria’s Dangote Cement has acquired 20,000 additional vehicles to improve the distribution of its products across the country. The vehicles, made up of trucks, trailers and t...
Dangote Cement considers Mtwara expansion
Dangote Cement is reportedly considering an expansion of its Mtwara plant in Tanzania, as the domestic cement market expands. "We have come a long way and right now we are doi...