• Dangote Cement signed a $1 billion agreement with Sinoma Engineering covering 12 projects in seven African countries.

• The projects support the group’s “Vision 2030” plan to raise total production capacity to 80 million tonnes per year.

• Dangote Cement reported a 166.3% rise in nine-month 2025 net profit to 743.3 billion naira ($539.8 million), despite slightly lower sales volumes.

Dangote Cement signed a $1 billion agreement with China’s Sinoma Engineering on February 28, to build new cement plants and modernize existing facilities across Africa, as the group advances its 2030 expansion strategy.

The agreement covers 12 distinct projects in seven African countries and marks a major milestone in the company’s “Vision 2030” plan. The Lagos-listed cement producer aims to increase its total production capacity to 80 million tonnes per year under that strategy.

The projects include a new integrated production line with a grinding unit in northern Nigeria and a new production line in Ethiopia. The plan also expands existing capacities in Zambia, Zimbabwe, Tanzania, Sierra Leone and Cameroon.

In Nigeria, the capacity expansion program includes the Itori, Apapa, Lekki, Port Harcourt and Onne sites. The company seeks to strengthen output in key industrial hubs across the country.

Aliko Dangote, founder and chairman of Dangote Group, said during the signing ceremony in Lagos that the projects remain critical to achieving the annual production target of 80 million tonnes. He added that the planned investments will strengthen the company’s domestic market position, increase export volumes and improve operational efficiency across its operations.

Chief Executive Officer Arvind Pathak said the agreement reflects the company’s determination to deepen investments in African markets to address cement supply gaps and support the continent’s infrastructure ambitions.

Beyond Nigeria, Dangote Cement operates in 10 African countries: Cameroon, Ghana, South Africa, Republic of Congo, Senegal, Tanzania, Ethiopia, Sierra Leone, Zambia and Côte d’Ivoire.

The company reported in October 2025 that net profit rose 166.3% during the first nine months of 2025 to 743.3 billion naira, equivalent to about $539.8 million, despite a slight decline in sales volumes. During the same period, revenue increased 23.2% to 3,154 billion naira from 2,560 billion naira a year earlier.

This article was initially published in French by Walid Kéfi

Adapted in English by Ange J.A de Berry Quenum