Dangote cement news

Here are some recent news updates about Dangote Cement:

Recent News

  1. Dangote Cement Reports 12.6% Increase in Revenue: Dangote Cement, the largest cement producer in Africa, has reported a 12.6% increase in revenue for the first quarter of 2023, driven by strong demand and higher prices. (Source: Bloomberg)
  2. Dangote Cement to Invest $1.5 Billion in New Cement Plant: Dangote Cement has announced plans to invest $1.5 billion in a new cement plant in Nigeria, which will increase its production capacity by 3 million metric tons per annum. (Source: The Guardian)
  3. Dangote Cement Partners with UN to Promote Sustainable Development: Dangote Cement has partnered with the United Nations Development Programme (UNDP) to promote sustainable development and reduce carbon emissions in the cement industry. (Source: AllAfrica)
  4. Dangote Cement Reports 15% Increase in Profit: Dangote Cement has reported a 15% increase in profit for the first quarter of 2023, driven by higher sales and improved operational efficiency. (Source: BusinessDay)
  5. Dangote Cement to Expand Operations in Africa: Dangote Cement has announced plans to expand its operations in Africa, with a focus on increasing its presence in countries such as Ethiopia, Tanzania, and Senegal. (Source: African Business)

Recent Developments

  1. Dangote Cement's Obajana Plant Achieves 12 Million Metric Tons Production Milestone: Dangote Cement's Obajana plant in Nigeria has achieved a production milestone of 12 million metric tons, making it one of the largest cement producers in Africa. (Source: ThisDay)
  2. Dangote Cement Launches New Cement Product: Dangote Cement has launched a new cement product, "Dangote Cement Plus", which is designed to provide better strength and durability for construction projects. (Source: Vanguard)
  3. Dangote Cement Partners with Nigerian Government to Develop Infrastructure: Dangote Cement has partnered with the Nigerian government to develop infrastructure projects, including the construction of roads and bridges. (Source: Leadership)

Recent Awards and Recognition

  1. Dangote Cement Wins "Best Cement Company in Africa" Award: Dangote Cement has won the "Best Cement Company in Africa" award at the 2023 African Business Awards. (Source: African Business)
  2. Dangote Cement Named "Most Valuable Company in Nigeria": Dangote Cement has been named the "Most Valuable Company in Nigeria" by the Nigerian Stock Exchange (NSE). (Source: NSE)

I hope this information is helpful!