DANGOTE CEMENT PAYS N3.3 TRILLION IN DIVIDENDS OVER 15 YEARS, PLANS BIGGER EXPANSION

Dangote Cement celebrates strong shareholder returns and ambitious growth to boost Africa’s self-sufficiency.

Dangote Cement announced it has paid N3.3 trillion in dividends over 15 years, assuring sustained returns under new Chairman Emmanuel Ikazoboh. CEO Arvind Pathak revealed expansion plans to reach 66.4Mta capacity by 2030 with projects in Côte d’Ivoire, Itori, and Ethiopia, backed by $8.5 billion in investments across Africa. Market leaders praised Dangote Cement’s corporate governance, market value, and contribution of over N520 billion in taxes, highlighting resilience amid forex challenges.