Tag: Dangote Cement

Dangote cement plant
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5 billionaire-backed companies that dominate the African market 

Five billionaire-backed firms dominate Africa’s economy—from cement and telecoms to retail and pharma—fueling growth, trade and innovation.

Timilehin Adejumobi Timilehin Adejumobi
Dangote Cement Factory
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Nigeria’s Ogun State, set to become Africa’s largest cement-producing region

At a Glance Ogun State is on track to become Africa’s top cement-producing state or region, bolstered by the expansion of Dangote Cement, the continent’s leading cement producer. Africa’s richest man, Aliko Dangote, reaffirmed this vision during a visit to the $800 million Itori cement factory, which is expected to be completed by November 2026. Dangote Cement expands production in…

Omokolade Ajayi Omokolade Ajayi
Dangote Cement
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Dangote Cement falls to third place on Nigerian Exchange, losing nearly $1 billion in 48 hours

The reversal not only cost Dangote Cement its top position but relegated it to third place on the NGX, trailing behind Airtel Africa Plc and BUA Foods.

Omokolade Ajayi Omokolade Ajayi
Dangote Cement maintains top status on the Nigerian Exchange with $5.26 billion market cap
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Dangote Cement maintains top status on the Nigerian Exchange with $5.26 billion market cap

Dangote Cement tops Nigerian Exchange, valued at $5.26 billion, with 69% revenue growth and solid pan-African expansion.

Feyisayo Ajayi Feyisayo Ajayi
Dangote Cement
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Dangote Cement loses $1 billion in value, remains Africa’s largest cement producer

Naira devaluation slashes Dangote Cement’s dollar valuation.

Omokolade Ajayi Omokolade Ajayi