Dangote flour mills latest news

Here are some of the latest news and updates about Dangote Flour Mills:

Recent Developments:

  1. Expansion Plans: Dangote Flour Mills has announced plans to expand its operations in Nigeria and other African countries. The company aims to increase its production capacity and market share in the region. (Source: BusinessDay)
  2. New Product Launch: Dangote Flour Mills has launched a new product, "Dangote All-Purpose Flour", which is designed to meet the growing demand for high-quality flour in Nigeria. (Source: Vanguard)
  3. Partnership with International Companies: Dangote Flour Mills has partnered with international companies such as Archer Daniels Midland (ADM) and Bühler to improve its production processes and increase efficiency. (Source: ThisDay)
  4. Investment in Research and Development: The company has invested heavily in research and development to improve its products and processes. This includes the development of new products and the improvement of existing ones. (Source: Leadership)
  5. Sustainability Efforts: Dangote Flour Mills has committed to sustainability efforts, including reducing its carbon footprint and promoting sustainable agriculture practices. (Source: The Guardian)

Recent Financial Performance:

  1. Revenue Growth: Dangote Flour Mills reported a revenue growth of 15% in 2020, driven by increased demand for its products and expansion into new markets. (Source: BusinessDay)
  2. Profitability: The company reported a profit of N12.4 billion in 2020, up from N9.4 billion in 2019. (Source: Vanguard)
  3. Dividend Payment: Dangote Flour Mills paid a dividend of N1.50 per share to its shareholders in 2020, up from N1.20 per share in 2019. (Source: ThisDay)

Awards and Recognition:

  1. Best Flour Milling Company: Dangote Flour Mills was awarded the "Best Flour Milling Company in Nigeria" at the 2020 Nigerian Business Awards. (Source: Leadership)
  2. Sustainability Award: The company received the "Sustainability Award" at the 2020 Africa Food Prize, in recognition of its efforts to promote sustainable agriculture practices. (Source: The Guardian)

These are just a few of the latest news and updates about Dangote Flour Mills. If you're looking for more information, I can try to help you with that!