Dangote sells 0.332Mt of cement in Cameroon in 1Q18
Dangote has sold 0.332Mt of cement from its 1.5Mta cement plant in Douala, Cameroon, in the first quarter of 2018 according to the Nigeria-based cement producer.
Dangote
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Investors urged to finance Dangote and Lafarge Africa growth
Following last month's approval of a NGN9.1trn (US$25bn) budget for 2018, Nigeria is set to go on a massive infrastructure spending spree. Eager to be at the forefront of cement...
A strong domestic market drives Dangote's 1Q18 results
This week Dangote Cement Group reported on its 1Q18 business results that saw group revenues surge up 16.3 per cent to NGN242.1bn (US$0.67bn). Cement sales in Nigeria have been ...
Dangote market share in Cameroon now exceeds 45%
The Cameroon subsidiary of Nigeria’s Dangote Cement Group (Nigeria) has captured a 45 per cent share of the local market only two years after launching activities in the country...
Cameroon cement plants produce 2.6Mt in 2016
Cameroon’s cement producers – Cimencam, Dangote, Cimaf and Necsen – have produced a combined output of 2.6Mt of cement in 2016, according to Camerpost.
Nigeria: Dangote exports 0.4Mt in 2016
Following a continuous increase in its production capacity, Dangote Cement marked the end of Nigeria’s dependence on imported product by exporting 0.4Mt in 2016.
The world in 2016 and outlook for 2017
This year will be a challenging year for the multinational cement companies, which are now faced by uneven economic performance in the emerging markets, combined with a new era ...
Dangote Group to spend US$20bn on investments by 2020
Dangote Group is planning to invest over US$20bn (NGN630.5bn) and engage over 200,000 additional workers in various projects to impact the Nigerian and African economy by 2020.
Dangote sees 21% rise in revenues, but drop in profit for 3Q16
Dangote reported a revenue of NGN442bn (US$1.4bn) for the nine months ended 30 September 2016, representing a 21 per cent YoY increase from NGN365bn in 9M15. Profit after tax fe...
Dangote
Dangote’s lawsuit against Ibeto Cement Co has been adjourned to 1 November 2016 pending a decision by the Court of Appeal on the matter. Dangote is claiming that Ibeto is enjoyi...