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Dangote Cement

Dangote Cement Plc is Sub-Saharan Africa’s leading cement company, with operations in ten countries - Nigeria, Senegal, South Africa, Ethiopia, Sierra Leone, Ghana, Zambia, Tanzania, Congo and Cameroon.

Our vision is to be a global leader in cement production, respected for the quality of our products and services and for the way we conduct our business. 

Dangote Cement has production capacity of 48.6 million tonnes per year across ten countries in Sub-Saharan Africa. We have integrated factories in seven countries, a clinker grinding plant in Cameroon and import and distribution facilities for bulk cement in Ghana and Sierra Leone. Together, these operations make us the largest cement producer in Sub-Saharan Africa.

We are driven by the passion to support the African continent in achieving self-sufficiency in cement production. This is why we have continued to deploy new, state-of-the art technologies to drive quality and affordable cement production, with minimal negative environmental footprint. 

In all the markets where we operate, we remain the brand of choice with significant market share.

We are driven by the mission to be the partner of choice for those who are building Africa, creating sustainable value for all our stakeholders.

As a responsible business, we understand the importance of entrenching sustainable business culture across our value chain. Our 7 Sustainability Pillars (Social, Environmental, Operational, Institutional, Financial, Economic and Cultural) support our unique approach to creating a world-class enterprise. Driven by the goal of achieving the highest level of governance, the 7 Sustainability Pillars are embedded in our corporate culture and guide our approach to building a prosperous and sustainable business.

  • Size: MNE
  • Type: Subsidiary
  • Listed: Listed
  • Sector: Construction Materials
  • Country: Nigeria
  • Country Status: DAC-LMICT
  • Employees: 10,000 - 50,000
  • Revenue: 1566000000 USD
  • GRI Community: Not provided
  • Stock listing code: DANGCEM

Contact

www: visit
HQ Address: 1 Alfred Rewane Road
HQ City: Ikoyi
Contact person: EUNICE SAMPSON
Email: send email

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Risk

As a cement business, we understand that our operations could be hampered by natural resource availability, such as limestone, gas and coal. We therefore endeavour to leverage alternative energy sources, including renewable energy. We also optimize resources with the use of additives and product innovations that reduce our use of raw materials while preserving the quality and safety of Dangote branded cement.

We also understand that cement operations could pose environmental risks, especially in the form of greenhouse gas emissions and the emissions of particulate matters such as dust. We therefore ensure that we adopt best environmental practices in all our operations and leverage technology and innovation to proactively and significantly mitigate negative environmental impact. As one of the pioneer members of the Global Cement and Concrete Association (GCCA), we understand the need for, and are committed to environmental responsibility in operations across our value chain.

Opportunities

The African continent that is the next growth frontier, both in GDP and population. Cement demand is driven by GDP and population growth and this anchors our belief that we have strong potential for growth in the coming decades as countries bring infrastructure and housing up to international standards. Cement is an attractive product to sell in the build-out phase of a region’s economic growth because it can be considered to act as a “GDP multiplier”. For example, when roads are built, they require significant amounts of cement; the road itself improves logistics, reduces industry’s transportation costs and generates the need for buildings along its length, all of which can have positive impacts on GDP growth. This, in turn, feeds back into higher demand for cement.

Likewise, buildings such as factories will use cement and create jobs and prosperity that enable people to buy, build or extend their homes. All Dangote Cement’s integrated factories are modern, fuel-efficient plants that use the latest technology to produce high-quality cement. This enables us to compete very effectively in a Sub-Saharan cement industry that is fragmented and characterized by smaller-scale operators with older technologies, some even using legacy technologies such as wet process production, which is highly energy demanding. As a result, we can operate as the lowest-cost producer and support our cement manufacturing with strong investment in marketing and logistics. We avoid competing on price, preferring to offer a better-quality product at the same price as rival offerings. This has enabled us to gain good market shares very quickly when we have entered new markets across the region. Given recent financial pressures on other manufacturers in the region, it is obvious that our strategy has disrupted Sub-Saharan Africa’s cement markets. We strengthened our market leadership in 2019 and believe that our strategy will enable us to continue to grow and consolidate our strong position in Sub-Saharan Africa.

The opportunities are enormous. The United Nations estimates that the region’s population will grow to more than two billion people by 2050, with the urbanized population growing by 800 million over the same time. Providing housing, infrastructure and workplaces for them will be like building Europe and America afresh within Africa. That is a truly exciting opportunity for Dangote Cement and its stakeholders.