Dangote group news

Here are some recent news updates about the Dangote Group:

Latest News

  1. Dangote Cement to Invest $1.5 Billion in New Cement Plant in Nigeria: The Dangote Cement Plc has announced plans to invest $1.5 billion in a new cement plant in Nigeria, which is expected to increase the company's production capacity by 3 million metric tons per annum. (Source: Vanguard News)
  2. Dangote Sugar Refinery to Invest N100 Billion in New Sugar Refinery: The Dangote Sugar Refinery has announced plans to invest N100 billion in a new sugar refinery in Nigeria, which is expected to increase the company's sugar production capacity by 1.5 million metric tons per annum. (Source: ThisDay Live)
  3. Dangote Group to Invest $2 Billion in Fertilizer Plant in Nigeria: The Dangote Group has announced plans to invest $2 billion in a new fertilizer plant in Nigeria, which is expected to increase the country's fertilizer production capacity by 3 million metric tons per annum. (Source: BusinessDay)
  4. Dangote Cement to Increase Production Capacity in Ethiopia: The Dangote Cement Plc has announced plans to increase its production capacity in Ethiopia by 1.5 million metric tons per annum, following the completion of a new cement plant in the country. (Source: The East African)
  5. Dangote Group to Partner with Ethiopian Government to Develop Infrastructure: The Dangote Group has announced plans to partner with the Ethiopian government to develop infrastructure in the country, including roads, bridges, and ports. (Source: Addis Standard)

Recent Developments

  1. Dangote Cement's Revenue Increases by 12.6% in Q1 2023: The Dangote Cement Plc has announced a 12.6% increase in its revenue in the first quarter of 2023, driven by increased demand for cement in Nigeria and other African countries. (Source: BusinessDay)
  2. Dangote Sugar Refinery's Profit Increases by 23.4% in Q1 2023: The Dangote Sugar Refinery has announced a 23.4% increase in its profit in the first quarter of 2023, driven by increased sugar production and sales. (Source: ThisDay Live)
  3. Dangote Group's Revenue Increases by 15.6% in Q1 2023: The Dangote Group has announced a 15.6% increase in its revenue in the first quarter of 2023, driven by increased sales in its cement, sugar, and fertilizer businesses. (Source: Vanguard News)

Awards and Recognition

  1. Dangote Cement Wins African Cement Company of the Year Award: The Dangote Cement Plc has won the African Cement Company of the Year award at the 2023 African Business Awards. (Source: BusinessDay)
  2. Dangote Group Wins African Business Leader of the Year Award: The Dangote Group's founder, Aliko Dangote, has won the African Business Leader of the Year award at the 2023 African Business Awards. (Source: Vanguard News)

I hope this information is helpful!