Nigeria’s Dangote Group has three listed companies on the Nigerian Stock e(NSE) as part of its vision of being a world-class organization: Dangote Cement (DCP), Dangote Sugar Refinery (DSR), and NASCON Allied Industries. Additionally, Dangote Petroleum Refinery and Petrochemicals raised…
Nigeria’s BUA Cement recorded a net foreign exchange gain of N16.57 billion during the first half of 2026 compared with only N782.8 million in the same period last year and a N9.70 billion foreign exchange loss for the full 2025…
HMB Nigeria, which is a takeover of Lafarge Africa PLC by the Huaxin Building Materials Group, plans a massive 5.5 Mta capacity expansion in the near term. At the moment. 4 plants in Mfamosing (photo), Ewekoro, Ashaka and Sagamu with…
Nigeria’s Dangote Cement revealed its capacity expansion targets by 2028. Accordingly, the cement capacity shall be increased from 55.0 Mta last year (Photo: 1.5 Mta plant in Zambia) and the commissioning of the first 1.5 Mta phase of the Ivory…
BUA Cement has signed an EPC contract with CBMI for a new cement line in Sokoto State in Northwest Nigeria. The US$240m project shall be operational in about 20 months and will be powered by the company’s Kogi LNG plant.…
The Ebonyi State Government in Nigeria plans to borrow NGN 150bn (about US$ 103m) to finance the construction of a new state-owned cement plant, as part of the state’s 2026 budget. The project is to build a greenfield cement plant…
Nigeria’s Dangote Cement is planning to increase its regional footprint in Africa to 66.4 Mta cement production capacity by 2030. This shall be achieved through new greenfield investments and brownfield projects to upgrade existing plants. In the coming 2 years…
Huaxin Cement Co. has completed a strategic acquisition in Nigeria with the purchase of the entire 83.81% shareholding of Holcim in Lafarge Africa PLC (56.4% of the shareholding via Caricement BV and 27.77 % via Assoc. Intl. Cements) at an…
Nigeria’s Dangote Cement has become the largest cement company in Sub-Saharan Africa, operating in 10 countries. However, the capacity expansion is moderate now, after a more aggressive strategy in recent years (photo: Ndola integrated cement plant in Zambia). Two more…
The Kebbi State Government and MSM Group have signed a MoU for the construction of a 3.0 Mta cement plant in northwestern Nigeria. The project is valued at US$ 2.4 billion and expected to create 45,000 direct and indirect jobs.…