Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Ogun NUJ Presents 50th Anniversary Logo, Unveils Week-long Programme For Golden Jubilee Celebration

    August 28, 2026

    Adron Group, Niger Foods Breeding and Feedlot Center Explore Farm Estate Initiative Through Strategic Engagement 

    August 28, 2026

    MTN Spends N2.7trn on Nigerian Suppliers, Records 62% Local Procurement in 2025

    August 28, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      INEC Will Publish 2027 Governorship, Assembly Candidates Particulars On Saturday 

      August 27, 2026

      APC Campaign Council List On Review After Key Omissions Discovered

      August 24, 2026

      Governor Dauda Lawal Commends Senator Yari’s Appointment as President Tinubu’s Campaign Council DG

      August 22, 2026

      Yari Announced As DG Of Tinubu’s Campaign Council

      August 22, 2026

      INEC Will Conduct Nationwide Mock Accreditation In November 

      August 22, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment August 27, 2026

      Ayra Starr to Feature at NFL London Game Halftime Show Debut

      Recent

      Ayra Starr to Feature at NFL London Game Halftime Show Debut

      August 27, 2026

      Funke Akindele, Ex-husband JJC Skillz Spend Time Together in France

      August 27, 2026

      Say No More to Music as Career ~ Raheem Okoya 

      August 26, 2026
    • Business

      Tinubu Approves Fresh Framework to Unlock $50bn Deep Offshore Investments

      August 12, 2026

      Association of Movie Producers of Nigeria Engages Bank of Industry MD on IP-Based Loan Access, Honours Him with Award and Patronage

      August 9, 2026

      BUA Foods Posts N292bn as H1 Profit Despite Revenue Decline

      July 31, 2026

      Viral N2.5m Monthly Corn Business Earning Dismissed From Source

      July 8, 2026

      Consumer Credit Falls to N3.03tn, Shortage of N780bn Caused by High Rates

      June 30, 2026
    • Health

      Lagos Presents Blood Donation Drive Through 10 LGAs

      August 27, 2026

      LAWMA Assures Residents of Plan to Evacuate Refuse Heaps in Lagos

      July 29, 2026

      Ebola Precaution: Tinubu Approves N10bn Emergency Funding 

      June 10, 2026

      FG to Minimize Medical Equipment Imports, Unveils $1.2bn Reform Plan for Local Manufacturers

      June 4, 2026

      Ultra-processed foods may significantly increase heart disease risk

      May 17, 2026
    • Culture

      Awujale Stool: Ruling House Commits Trust In Leaders, Disapproves Removal

      August 13, 2026

      Osun-Osogbo 2026: Nigeria-Africa Celebrates Yoruba Historic Heritage

      August 7, 2026

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026

      Rite Foods Lightens Ojude Oba 2026, Refreshes Thousands

      June 2, 2026

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

      May 30, 2026
    • Lifestyle

      Pastor Unveils Gospel Match-Making Platform With Charges Of N350,000 For Premium, 700,000 For VIP

      August 27, 2026

      Damola Aiyeola At 60: Aare Adetola Emmanuelking Hails A Life Dedicated To Faith, Family And Service

      August 23, 2026

      Cambridge’s Youngest Black Professor, Jason Arday, Found Dead Days After Resignation Over Plagiarism Accusation

      August 15, 2026

      Dignitaries: Osinbajo, Fashola, Florence Ajimobi, Others Attend Kemi Adeosun’s Husband’s Burial Service 

      August 14, 2026

      Five Years On, Okunbo’s Children Carry Forward a Legacy of Family and Service

      August 12, 2026
    • Sports

      Super Eagles Will Commence Using Adidas Kits From 2027

      August 28, 2026

      Argentine Executives Made Confession Of Having Bribed FIFA Officials For Media Purpose

      August 28, 2026

      NFF President Ibrahim Gusau Resigns, Confirms Resignation

      August 27, 2026

      Ethiopia Shows Interest In Hosting AFCON 2028 After 50-Year Wait, Submits Bid

      August 26, 2026

      List of Winners at PFA Awards 2026

      August 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

    News August 12, 2026

    Tinubu Approves Fresh Framework to Unlock $50bn Deep Offshore Investments

    Entertainment August 9, 2026

    Association of Movie Producers of Nigeria Engages Bank of Industry MD on IP-Based Loan Access, Honours Him with Award and Patronage

    Business & Economy (Africa) July 31, 2026

    BUA Foods Posts N292bn as H1 Profit Despite Revenue Decline

    Business July 8, 2026

    Viral N2.5m Monthly Corn Business Earning Dismissed From Source

    Banking & Finance June 30, 2026

    Consumer Credit Falls to N3.03tn, Shortage of N780bn Caused by High Rates

    News June 30, 2026

    Remi Tinubu Says FG Also Support Pepper, Boole Sellers And Others. 

    Leave A Reply Cancel Reply

    Don't Miss
    News August 28, 2026

    Ogun NUJ Presents 50th Anniversary Logo, Unveils Week-long Programme For Golden Jubilee Celebration

    * Events take place from Monday, Oct. 26 to Sunday, Nov. 1, 2026, under the…

    Adron Group, Niger Foods Breeding and Feedlot Center Explore Farm Estate Initiative Through Strategic Engagement 

    August 28, 2026

    MTN Spends N2.7trn on Nigerian Suppliers, Records 62% Local Procurement in 2025

    August 28, 2026

    Masai Russell Broke Amusan’s World Record 100m Hurdles in Zurich Challenge

    August 28, 2026

    Subscribe to Updates

    Get the latest news as they happen

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

    Late Capt. Hosa Immortalize As Keffi Polo Tournament Dedicates Trophy

    November 16, 2021

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

    December 2, 2021

    Telegraph honour late Capt. Okunbo, Lawan, Sanwo-Olu, Emefiele others

    November 25, 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.