Dangote Cement maintains market dominance, exports 0.8MT of cement - Vanguard News Nigeria

Meanwhile, according to the details of Dangote Cement’s audited results for the year ended December, 31, 2018, , the company sold a total of 23.54 MT of cement across Africa indicating an increase of 7.4 per cent over 21.92 MT sold in 2017. Nigerian operations accounted for 14.18 MT representing an increase of 11.4 per cent over the volume of 12.72 metric tonnes sold during the preceding year.

Group Chief Executive Officer, Dangote Cement, Joe Makoju, in his remarks said: “This is a record financial performance by Dangote Cement, driven by a strong increase in our home market, Nigeria, despite heavy rains and uncertainties about the election. Although Pan-African volumes were unchanged in 2018, I am confident that we will see an increase in 2019, driven by higher volumes in Tanzania, Ethiopia, Congo and Sierra Leone.

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Dangote Cement maintains market dominance, exports 0.8MT of cement – Daily TrustAfrica’s largest cement producer, Dangote Cement, has maintained its dominance of the Nigerian market, accounting for 65 per cent of the total volume sold in the domestic cement sector in 2018. The company also exported 800,000 metric tonnes (MT) of cement to West African countries in 2018, strengthening Nigeria’s position as a cement exporting country, …
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Dangote Increases Cement Export To $600m Annually, Targets $4.6bn Investment In ConsumablesPresident of Dangote Industries Limited, Aliko Dangote, has disclosed plans of the company to increase cement exports to $600million. With this annual target, the company would become the major exporter of cement in sub-Saharan Africa. Dangote made this revelation at the company’s 2018 Distributors’ award night held in Lagos on Monday. He added that the […]
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