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Dangote Cement's $1 Billion Plan to Boost Capacity 45%

3/6/2026

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Summary

Story summary

Dangote Cement (Nigerian cement company) plans a $1 billion investment to raise capacity 45% to 80 million tonnes by 2030.
The plan partners with Sinoma International Engineering for 12 projects across seven African countries, including Nigeria.
Dangote Cement aims to export 10 million tonnes by 2030, up from 1.4 million in 2025.
The company reported ?1 trillion net profit in 2025, supported by domestic demand and export growth.

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Story summary

Dangote Cement (Nigerian cement company) plans a $1 billion investment to raise capacity 45% to 80 million tonnes by 2030.
The plan partners with Sinoma International Engineering for 12 projects across seven African countries, including Nigeria.
Dangote Cement aims to export 10 million tonnes by 2030, up from 1.4 million in 2025.
The company reported ?1 trillion net profit in 2025, supported by domestic demand and export growth.