Dangote Cement Plc, a member of the Dangote group is a fully integrated cement company and has projects and operations in Nigeria and 14 other African countries. A publicly traded manufacturing company in Nigeria, the company is engaged in the manufacturing, preparation, import, packaging, and distribution of cement and related products in Nigeria, West and Central Africa, and East and South Africa
Apart from being the biggest quoted company in West Africa, the group also lead other 4 Nigerian firms to be listed on the Forbes Global 2000 Companies.
Dangote’s Obajana plant in Kogi state, Nigeria, is the largest in Sub-Saharan Africa with 13.25mt of capacity across four lines, the newest of which was commissioned in late 2014. Obajana uses gas for its kilns and power plants and until late 2014, relied on low-pour fuel oil as a back-up fuel for its kilns. Obajana has limestone reserves of 647 million tonnes expected to last for about 45 years. The plant is supported by a fleet of 2,370 trucks.
In 2013, the company produced and sold 13.3 million metric tonnes of cement, with revenues of US$2.4 billion
A fully integrated quarry-to-depot producer, the Group has production capacity of about 19 million tonnes a year in Nigeria. The recently opened 6mt Ibese plant is less than 100km from Lagos. Dangote Cement is investing more than $4bn to expand its production and import capacity to around 50 million tonnes a year by the end of 2015. The investment will increase capacity in Nigeria to at least 32mt, with new capacity being added at Ibese and Obajana, and a new factory being planned for Calabar, in Cross River state.
The Group’s African operations recently launched its factories in South Africa, Cameroon, Ethiopia, and more to follow. Import and bagging facilities in Ghana, Sierra Leone, Liberia, Cote d’Ivoire and Togo.
Dangote Cement is the largest company on the Nigerian Stock Exchange with capitalization in excess of N2.7trillion, having listed its shares in October 2010. Plans are in the works to list the company on the London Stock Exchange.
Dangote cement was one of the few firms listed on the Nigerian Stock Exchange’s Premium Board Index, PBI, having met the Exchange’s most stringent listing criteria of capitalisation, governance and liquidity.
Aliko Dangote has invested over US$6.5 billion into the company between 2007 and 2012. Cement accounted for roughly 80 percent of Dangote Group’s business as of 2011.
Dangote group is one of the most socially responsible organizations in Nigeria, also with the formation of the Dangote foundation, which oversees implementation of the objectives.
Recent interventions include:
$2.6milliom to flood victims and women in Kogi state
N100million to flood victims in Sokoto
N120million donated to fight farming in Niger republic
$2million to Pakistan’s flood victims
And much more
Community Involvement
Donation of N200million to Katsina State University (2011).
Donation of Haemodialysis machine valued at N21 million to General Hospital, Lagos in conjunction with Rotary Club of Victoria Island (2010).
Donation of N117, 500,000 for construction of squash complex at the University of Nigeria Nsukka (UNN) main campus (2009). Etc.
The company founded in 1992 with headquarters in Lagos has over 26,000 employees on its payroll. Dangote cement is definitely one of the Top 50 brands that power Nigeria
