Dangote Cement Plc is Sub-Saharan Africa's leading cement company, with a production capacity of 51.6 million tonnes per year across ten countries. Dangote Cement is supporting Africa's transformation, while creating sustainable value for …
New Dangote cement plant. Dangote Cement Works Ltd has plans for a new 2000 ha. cement plant in Ibese, Nigeria. The construction contract was awarded to Chinese firm Sinoma International Engineering Company and is worth US$680 million The aim is for Ibese to start producing 7200 tpd of cement by July, with a total of 6 million …
Obajana has limestone reserves of 647 million tonnes, expected to last for about 45 years. ... Dangote Cement has set new standards by pioneering the 42.5R grade 'Dangote 3X Cement', which is designed to give more value to the end users. 3X is decoded to mean "Xtra strong, Xtra life and Xtra yield". The new offering comes in a 50 Kg bag ...
Dangote Cement has production capacity of 45.6 million tonnes per year across ten countries in Sub-Saharan Africa. We have integrated factories in seven countries, a clinker grinding plant in Cameroon and import and distribution facilities for bulk cement in Ghana and Sierra Leone. Together, these operations make us
The cement behemoth, under the leadership of Dangote, disclosed in its recently published nine-month financial report that its profit surged by 30.2 percent, rising from N213.1 billion ($266.04 million) in the corresponding period of 2022 to N277.55 billion ($346.5 million) in the nine months of the current fiscal year.
Dangote Cement owns 64% of the project, with Sephaku Holdings owning the remaining shares. ... Aganang, a 1.8 million tonne integrated plant located near Lichtenburg in the North-West province of South Africa, is the primary operation of Sephaku Cement. It has an open-cast quarry with 100 million tonnes of limestone and a clinker and cement ...
Dangote Cement Plc, mainly controlled by Africa's richest man Aliko Dangote, doubled revenue in Q1 2024 to N817.4 billion ($659.3 million). The strong …
The revenue of Dangote Cement Plc, a Nigerian cement manufacturer, rose by 101 percent within a year, according to its latest unaudited financial statement. …
Dangote Cement, as Sub-Saharan Africa's largest cement producer, commands an annual production capacity of 55 million tonnes spread across 10 countries. The company's recent expansion, including the addition of a new six-million-tonne plant in Itori, Ogun State, enhances its export capacity and emphasizes its contribution to …
Dangote Cement is Africa's leading cement producer with operations in 10 African countries, revenues in excess of US$2.2 billion and 24,000 employees. We are a fully integrated quarry-to-customer producer with production capacity of up to 45.6 million tonnes per annum (Mta) across Africa at the end of 2017.
Dangote Cement Plc is Sub-Saharan Africa's leading cement company, with a production capacity of 52.0 million tonnes per year across ten countries. Together, these operations make us the largest cement …
Aliko Dangote, Africa's wealthiest individual, is set to bolster his fortune by an astonishing $284.5 million. This substantial financial boon stems from his significant …
A significant portion of this dividend, N295 billion ($380.8 million)*, was awarded to Nigerian billionaire Aliko Dangote, owing to his 86-percent stake in the leading cement maker. In a strategic move aimed at enhancing the company's valuation for shareholders, including Dangote, Dangote Cement executed a share buyback program …
Dangote Cement itself, Africa's leading cement producer, was one such investor. Embracing the challenge and opportunity to make a critical contribution to Ethiopia's sustained growth and development, the company earmarked $650 million for the construction of a flagship cement manufacturing facility at a 135-hectare site in Mugher – …
Nigerian billionaire businessman and investor Femi Otedola has announced a significant acquisition of shares in Dangote Cement, the only cement company in Nigeria with two export terminals, with a combined export capacity of 8 million tonnes per annum.. This strategic investment underscores Otedola's confidence in Dangote Cement's …
Dangote Cement Plc, a leading cement company majority owned by Africa's richest man Aliko Dangote, posted a single-digit rise in its profit for the first half of the …
Dangote Cement is Africa's leading cement producer with operations in 10 African countries, revenues in excess of US$2.2 billion and 24,000 employees. We are a fully integrated quarry-to-customer producer with production capacity of up to 45.6 million tonnes per annum (Mta) across Africa at the end of 2017.
Dangote Cement Plc, the multinational cement giant, majority owned by Africa's richest man Aliko Dangote, maintained strong momentum in the first quarter (Q1) of 2024, doubling revenue year-over-year to N817.4 billion ($659.3 million). The robust performance was driven by a combination of higher cement prices and increased sales …
Dangote Cement has released its unaudited financial statements for Q1 2024, posting a gross turnover of N817.35 billion, representing a 101% year-on-year increase from the N406.7 billion sales posted in Q1 2022. ... The group also sold 7.04 million tonnes of cement during the quarter, compared to 6.27 million tonnes sold in Q1 2023.
Dangote Cement Plc Condensed separate statement of changes in equity For the six months ended 30 June 2023 Share capital Share premium Treasury Shares Capital contribution Retained earnings Total equity ₦'million ₦'million ₦'million ₦'million ₦'million ₦'million
Dangote Cement incurred a total tax expense of N97.5 billion ($60.3 million) in 2023, marking a notable decrease from the N141.7 billion ($87.6 million) recorded in the previous year. This performance is also evident in Dangote Cement's balance sheet, with total assets swelling from N2.61 trillion ($1.61 billion) as of Dec. 31, …
With rich and abundant limestone reserves of 300 million tonnes, Senegal is a long-term strategic resource, given the general lack of limestone along the coast of West Africa. ... Dangote Cement has set new standards by pioneering the 42.5R grade 'Dangote 3X Cement', which is designed to give more value to the end users. 3X is decoded to ...
• 1.7 million s and 10 million people fed in 774 LGAs Dangote Cement Isolation Centre, Ibese Dangote Cement Isolation Centre, Obajana Protecting our people and customers The health and safety of our employees, customers and communities is a core value Dangote Cement spent c. $5.8mn in protecting its
Dangote Cement Plc, yesterday announced its unaudited first quarter (Q1) ended March 31, 2024 with N166.4 billion profit before tax, an increase of 13.3 per cent …
An Emerging Force in Global Cement Production. Dangote Cement is Africa's leading cement producer with operations in 10 African countries, and revenues in excess of US$3.5 billion in 2022. We are a fully …
According to Forbes magazine, the subsidiary produces 48.6 million metric tons of cement every year and operates in 10 African countries. Dangote also owns the world's third-largest sugar refinery.
The Cameroonian subsidiary of the Nigerian Dangote Cement group announces sales of one million tons of cement in the country during the first nine months of 2023. With this 1.6% year-on-year sales increase, the company claims 32.2% of a market estimated at 3.1 million tons during the period under review, according to the company's …
May 29, 2017. The Governor of Benue State Ortom has confirmed that the Dangote Cement Plc, Gboko Plant, has paid the sum of N700 million tax to the Government of Benue State. The Governor who spoke at the Dangote Cement's commissioning and presentation of Tri-cycles in Gboko at the weekend, said that the tax was received last …