Dangote Cement Plc has said it will inaugurate a three-Mta grinding plant in Côte d’Ivoire this quarter, which is expected to strengthen the company’s position in Africa and contribute significantly to its exports.
The chief executive of Dangote Cement, Arvind Pathak, said in a statement to the Nigerian Exchange that the company was encouraged by the growth in its export business.
He said, “Export volumes from Nigeria increased by 18.2 per cent, with 18 successful clinker shipments made to Ghana and Cameroon. This demonstrates the growing importance of our pan-African footprint and our ongoing commitment to regional trade and self-sufficiency.”
Pathak also revealed that the company’s strategic priorities remained focused on long-term value creation, saying that Dangote Cement had significantly strengthened its cost architecture.
“During the period, we began the phased delivery of 1,600 additional CNG-powered trucks, which will significantly reduce our logistics costs and enhance environmental efficiency,” he explained.
Speaking on the financials for the second quarter, he said they were built on the company’s strength, resilience, and adaptability amidst improvements in key macroeconomic indicators. He said the company’s focus on operational efficiency and cost containment is delivering tangible results.
According to him, Group EBITDA rose by an impressive 41.8 per cent to N944.9 billion, while Group profit surged by 174.1 per cent. This remarkable performance is a testament to our disciplined execution, strong cost leadership, and strategic investments over the years.
Dangote Cement is Africa’s leading cement producer with 52.0Mta capacity across Africa. A fully integrated quarry-to-customer producer that has a production capacity of 35.25Mta in Nigeria.
Its Obajana plant in Kogi state, Nigeria, is Africa’s largest, with 16.25Mta of capacity across five lines. In comparison, its Ibese plant in Ogun State has four cement lines with a combined installed capacity of 12Mta. Similarly, its Gboko plant in Benue state has 4Mta, and its Okpella plant in Edo state has 3Mta. Through its recent investments, Dangote Cement has eliminated Nigeria’s dependence on imported cement and has transformed the nation into an exporter of cement and clinker, serving neighbouring countries.
In addition, the company has operations in Cameroon (1.5Mta clinker grinding), Congo (1.5Mta), Ghana (2.0Mta clinker grinding and import), Ethiopia (2.5Mta), Senegal (1.5Mta), Sierra Leone (0.5Mta import), South Africa (2.8Mta), Tanzania (3.0Mta), Zambia (1.5Mta).
