Tag Africa

Senegal becomes shareholder in Dangote’s subsidiary

Dangote Senegal

Dangote Cement confirmed the sale of a 10% equity stake in its Senegalese subsidiary to the Government of Senegal, making the state the largest minority shareholder. Dangote operates a 1.5Mta capacity cement plant in Pout, about 60km from Dakar, controlling…

Dangote’s determined capacity expansion across Africa

Dangote Tanzania 3.0Mtwara

Two weeks ago, we posted about Nigeria’s Dangote Cement capacity expansion targets of 66.4 Mta by 2028 across Africa. Now Dangote signed a $1bn strategic agreement with Sinoma International to construct multiple new cement production facilities. The existing assets across…

Egypt approved three new cement factory licences

BeniSuefCement

Egypt’s Ministerial Group for Industrial Development, approved the issuance of licences to establish three new cement factories, each with a single production line (photo: Beni Suef Cement plant). The approval is intended to meet domestic demand and ensure the availability…