Company Profile

Dangote Cement Plc (DANGCE.ng)

Dangote Cement Plc (DANGCE.ng)

Dangote Cement Plc – Headquarters in Lagos, Nigeria

Industry: Manufacturing – Cement Production

Dangote Cement Plc is the largest cement manufacturer in Sub-Saharan Africa, headquartered in Lagos, Nigeria. The company plays a pivotal role in the construction and infrastructure development sector, supplying high-quality cement products to both domestic and international markets.

Core Business Activities:

Dangote Cement operates integrated cement plants across Africa, producing superior-grade cement for various construction applications. With operations in countries such as Nigeria, Ethiopia, Senegal, South Africa, and Ghana, the company has a strong foothold in the African market. Its state-of-the-art production facilities and extensive distribution network enable efficient supply chain management and competitive pricing.

Market Position:

As the leading cement manufacturer in Africa, Dangote Cement boasts an extensive production capacity, positioning itself as a key player in the continent’s infrastructural growth. The company’s competitive edge lies in its vertically integrated business model, cost efficiency, and commitment to innovation. With a strategic focus on sustainability and technological advancement, Dangote Cement continues to strengthen its dominance in the industry.

Number of Employees: 20,910 employees, reflecting a robust workforce committed to operational excellence​:contentReference[oaicite:0]{index=0}.

Financial Highlights:

For the fiscal year 2024, Dangote Cement reported outstanding financial performance:

• Group Revenue: ₦3.581 trillion (62% increase from 2023)
• Company Revenue: ₦2.193 trillion (69% increase from 2023)
• Group Net Profit: ₦503 billion (10% increase from 2023)
• Company Net Profit: ₦1.027 trillion (109% increase from 2023)
• Group Earnings Per Share: ₦29.74 (12% increase from 2023)
• Company Earnings Per Share: ₦61.32 (110% increase from 2023)

Mission and Vision:

Dangote Cement is committed to driving Africa’s development through sustainable and innovative cement solutions. The company aims to enhance infrastructure, promote economic growth, and create long-term value for stakeholders.

Sustainability Focus:

As a responsible corporate entity, Dangote Cement prioritises sustainability in its operations. The company has implemented eco-friendly production processes to reduce carbon emissions and promote energy efficiency. It actively engages in social impact initiatives, supporting local communities through job creation, education, and healthcare programmes.

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