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Dangote, Sinoma Sign $1bn Strategic Agreements For Cement Projects Across Africa

Olushola Bello by Olushola Bello
4 months ago
in News
Dangote Sinoma
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Dangote Cement Plc said it has signed a landmark agreement with Sinoma International Engineering for the construction of 12 new projects and expansion of others across Africa.
The agreement, with an estimated investment of over $1 billion, reinforces the Company’s long-term growth strategy and aligns with the broader aspirations of the Dangote Group’s Vision 2030.
Speaking at the signing ceremony, founder & president of Dangote Group, Aliko Dangote, described the new projects as part of carefully designed critical enablers of DCP’s ambition to achieve 80 million tonnes per annum (MTPA) production capacity by 2030, while supporting the Group’s overarching target of generating $100 billion in revenue within the same period.

He said that the projects will strengthen Dangote Cement’s domestic market dominance, drive its export activities, optimize existing operational assets as well as enhancing production efficiency and capacity expansion.
Under the Strategic Framework Agreement, Sinoma International Engineering will collaborate with Dangote Cement on the delivery of new plants, brownfield expansions, and modernization initiatives aimed at strengthening operational performance across key markets.

The new projects include a new integrated line in Northern Nigeria with satellite grinding unit, new line in Ethiopia and other projects in Zambia/Zimbabwe, Tanzania, Sierra Leone and Cameroun. In Nigeria, Sinoma will also handle different projects in Itori, Apapa, Lekki, Port Harcourt and Onne.
The projects signal DCP’s sustained commitment to consolidating its leadership position within the African cement industry, while enhancing its competitiveness on the global stage.

Chairman of Dangote Cement, Emmanuel Ikazoboh, during the agreement signing event explained that “the new projects will enable the company to play a critical role in actualizing Dangote Group’s Vision 2030. The new projects, when completed, will increase Dangote Cement’s capacity, and dominant position in Africa’s cement industry.”
The Group managing director of Dangote Cement, Mr. Arvind Pathak, said the agreement reflects the company’s determination to grow its investments across African markets to close supply gaps and support the continent’s infrastructural ambitions.

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According to him, Dangote Cement is committed to making Africa fully self‑sufficient in cement production, create more values and linkages leading to increased economic activities and reduction in unemployment.
It should be noted that Dangote Cement recently scaled up its Gas Sales and Purchase Agreements (GSPA) with subsidiaries of the Nigerian National Petroleum Company Limited (NNPC Ltd): Nigerian Gas Marketing Limited and NNPC Gas Infrastructure Company Limited (NGIC).The agreement signing serves as an enabler of DCP’s strategic objectives.

The agreement guarantees the gas required to support the drive towards CNG adoption as Autogas and to meet the increasing gas demand as production capacities in Nigeria are expanded. It also promotes the adoption of cleaner fuel for both Autogas through CNG and gas to support increased production output.
Dangote Cement currently operates in multiple African countries, with integrated plants, grinding facilities, and distribution hubs strategically located to serve diverse markets. The company’s ongoing projects include plant upgrades, capacity expansions, and the introduction of advanced energy‑efficient technologies designed to reduce operational costs and carbon footprint.

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Olushola Bello

Olushola Bello

Olushola Bello is a Senior Journalist at Leadership Newspaper, reporting on Nigeria's capital market, industry sectors, and broader economic issues. She is known for high-impact stories and in-depth analysis on business developments and financial markets, underpinned by strong editorial judgement and a commitment to accuracy and fairness.

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