Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

    May 30, 2026

    Ogun NUJ Celebrates Dapo Abiodun At 66 And Seven Years Of Purposeful Leadership

    May 30, 2026

    FidBank UK Strengthens Investment Pathways for Nigerians in UK Market

    May 30, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Jonathan Qualifies to Run as 2027 Presidential Candidate ~ Court

      May 26, 2026

      ADC Faction Dissolves David Mark-Led NWC, Names Kachikwu Sole Presidential Candidate

      May 25, 2026

      Tinubu’s Speech During Presidential Nomination for 2027 Election

      May 24, 2026

      APC Presidential Primary: Ohafia of Abia Decide on Continuity of President Tinubu in 2027

      May 24, 2026

      APC Delegates Endorse Tinubu for Second-Term Presidential

      May 24, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      News May 30, 2026

      LG Electronics Expands Community Support With Solar Borehole In Ifa Ikot Idang, Akwa Ibom

      Recent

      LG Electronics Expands Community Support With Solar Borehole In Ifa Ikot Idang, Akwa Ibom

      May 30, 2026

      Musa Ibrahim Narrates Aftereffect of Role In 2007 Horror Film ‘666’

      May 28, 2026

      Mo Bimpe Hits Endorsement Deal, Reveals Video. 

      May 27, 2026
    • Business

      Jumia Strengthens Inclusion Drive in E-commerce Market

      May 26, 2026

      BUA Cement Expands Capacity To 23m Tonnes, Disburses N338.64bn Dividend

      May 21, 2026

      Otedola Plans $100 Million Investment in Dangote Refinery IPO

      May 21, 2026

      Mastercard, Yellow Card Advance Stablecoin Payment in Emerging Markets Through Partnership

      May 19, 2026

      Operational resilience, strategic investments fuel Unilever Nigeria’s strong 2025 growth — Bolaji Balogun

      May 16, 2026
    • Health

      Ultra-processed foods may significantly increase heart disease risk

      May 17, 2026

      Ebola outbreak in Congo kills at least 80, spreads concern to Uganda

      May 17, 2026

      New Ebola Outbreak Confirmed in Eastern Congo as Death Toll Rises

      May 15, 2026

      NPHCDA Report Reveals Over 3,700 Non-Functional Primary Healthcare Centres Across Nigeria

      May 11, 2026

      Governor Dauda Lawal Approves N3.2 Billion to Renovate School of Nursing in Zurmi

      May 10, 2026
    • Culture

      Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

      May 30, 2026

      FCMB Commends Ojude Oba’s Role In Strengthening Culture And Economy

      May 26, 2026

      Gov Adeleke Presents Staff of Office to Afilaka as Alatorin

      May 14, 2026

      Eko Africa Legacy Summit to Explore African Culture in Global Tourism and Hospitality

      May 11, 2026

      Excitement Builds in Ijebu-Ode as Ojude Oba Festival Preparations Gather Momentum

      May 2, 2026
    • Lifestyle

      The Room We Never Left: Trauma, Insecurity, and the African Child

      May 25, 2026

      Airbnb Expands Into Hotels, Car Rentals and Grocery Services Amid Global Regulatory Pressure

      May 21, 2026

      DStv, GOtv Price Hike Pushes Nigerians Toward Local Streaming Alternatives

      May 14, 2026

      World Bank Highlights Early Childhood Development as Key to Nigeria’s Economic Future

      April 19, 2026

      Hilda Baci Secures Third Guinness World Record, Extends Culinary Milestone

      April 6, 2026
    • Sports

      RCCG Solution Assembly Hosts “Jesus on the Football Pitch” Grand Finale

      May 29, 2026

      London Will Play Host To 2026 Ballon d’Or In October

      May 29, 2026

      Arrival of Super Eagles’ Debutant Femi with Lead Goal for Nigeria

      May 28, 2026

      FG Approves Major Stadium Upgrades, Unveils Nationwide Sports Infrastructure Overhaul. 

      May 27, 2026

      2026 World Cup: FIFA Unveils Base Camps For Nations

      May 26, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Dangote Cement Expands African Operations, Strengthens Energy Security Amid Strong Financial Performance
    Business

    Dangote Cement Expands African Operations, Strengthens Energy Security Amid Strong Financial Performance

    Ifetayo AdeniyiBy Ifetayo AdeniyiFebruary 28, 20263 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Manny Ita  –

    Dangote Cement Plc has unveiled a series of expansion projects across Africa aimed at increasing installed production capacity, improving operational efficiency and reinforcing its leadership position in key markets on the continent.
    The projects span multiple countries and involve the development of new integrated production lines alongside the expansion of existing facilities. In Nigeria, planned locations include Itori, Apapa, Lekki, Port Harcourt, Onne and parts of Northern Nigeria, where a satellite grinding unit is also expected to support regional supply.
    Outside Nigeria, the company is developing a new production line in Ethiopia to meet rising domestic demand, while additional expansion activities are underway in Zambia, Zimbabwe, Tanzania, Sierra Leone and Cameroon as part of its broader Pan-African growth strategy.
    Industry officials said the investments are designed to optimise existing assets, enhance operational efficiency and strengthen supply capacity across Dangote Cement’s African operations, while supporting infrastructure development in host countries through improved availability of locally produced cement.
    As part of efforts to secure stable energy supply for its growing operations, Dangote Cement has entered Gas Sales and Purchase Agreements with subsidiaries of the Nigerian National Petroleum Company Limited. The agreements are expected to guarantee adequate gas supply to power expanding production capacity and support the transition toward cleaner fuel alternatives, including Compressed Natural Gas and Autogas.
    The company said ongoing plant modernisation, capacity expansion programmes and deployment of energy-efficient technologies are intended to lower operating costs, reduce carbon emissions and enhance long-term competitiveness across its production network.
    The partnership with NNPCL also aligns with Dangote Cement’s broader objective of promoting self-sufficiency in cement production across Africa while contributing to employment generation and industrial growth. The firm continues to deploy modern technologies across integrated plants, grinding facilities and distribution hubs to improve efficiency, reliability and logistics performance.
    Financial disclosures show the company recorded strong performance for the nine-month period ended September 30, 2025, supported by price adjustments in Nigeria and operational efficiency gains despite marginal declines in total sales volumes.
    Revenue rose by 23.2 per cent to N3.15 trillion, while earnings before interest, taxes, depreciation and amortisation increased by 57.2 per cent to N1.43 trillion, representing a margin of 45.3 per cent. Profit after tax climbed by 166.3 per cent to N743.3 billion, with earnings per share rising to N43.82, representing a 164.8 per cent increase.
    Net debt declined significantly to N958 billion from N2.06 trillion, while total group volumes fell slightly by 2.1 per cent to 20.2 million tonnes during the period.
    Within Nigeria, revenue grew by 42.4 per cent to N2.18 trillion, supported by marginal volume growth to 13.2 million tonnes. Cement and clinker exports also increased by 23 per cent to 1.1 million tonnes.
    Pan-African operations recorded a 3.4 per cent decline in revenue to N1.06 trillion, while volumes dropped by five per cent, largely attributed to political uncertainties and liquidity constraints in some operating markets across the region.

    Oil & Gas
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleMiddle East Security Tensions Mount While Nigeria Advances Domestic Oil Refining
    Next Article UK Telecom Firm Lebara Enters Nigerian Market in Boost to Digital Economy
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    Business & Economy (Africa) May 26, 2026

    Jumia Strengthens Inclusion Drive in E-commerce Market

    Business & Economy (Africa) May 21, 2026

    BUA Cement Expands Capacity To 23m Tonnes, Disburses N338.64bn Dividend

    Business May 21, 2026

    Otedola Plans $100 Million Investment in Dangote Refinery IPO

    Business & Economy (Africa) May 19, 2026

    Mastercard, Yellow Card Advance Stablecoin Payment in Emerging Markets Through Partnership

    Business May 16, 2026

    Operational resilience, strategic investments fuel Unilever Nigeria’s strong 2025 growth — Bolaji Balogun

    Business May 13, 2026

    Femi Otedola Buys Additional First HoldCo Shares Worth Over ₦43 Billion

    Leave A Reply Cancel Reply

    Don't Miss
    Culture May 30, 2026

    Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

    Descendants of the Aleshin Osi Family ride on horses to pay homage to the king…

    Ogun NUJ Celebrates Dapo Abiodun At 66 And Seven Years Of Purposeful Leadership

    May 30, 2026

    FidBank UK Strengthens Investment Pathways for Nigerians in UK Market

    May 30, 2026

    Abiodun, Tinubu, Obasanjo Honours 2026 Ojude Oba Festival in Style

    May 30, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Climate Clock World appoints SDG Advocate Chuks Anyaduba as Director for Projects & Partnerships, Climate Clock Nigeria

    December 2, 2021

    AMPMAN congratulates Anambra Governor-Elect, Prof Charles Soludo

    November 14, 2021

    Queen Jennifer Osayamen Celebrates Birthday With Motherless Children

    December 26, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.