• Dangote Cement’s net profit rose 101% in 2025 to about $732 million.
• Revenue increased 20% despite a slight decline in total cement sales volumes.
• Nigeria remained the company’s main market, while some African operations faced slower demand.

Dangote Cement, the pan-African cement group controlled by Nigerian billionaire Aliko Dangote, reported net profit of 1.0149 trillion naira (about $732 million) in 2025, up 101.3% from the previous year. The figures were released in the company’s audited financial statements published on February 28.

Revenue for Africa’s largest cement producer reached 4.3067 trillion naira ($3.10 billion) in 2025, compared with 3.5805 trillion naira a year earlier, an increase of 20.3%.

The gain came even as total sales volumes slipped slightly. Cement sales fell 0.9% to 27.46 million tons, suggesting improved operating efficiency and stronger pricing across the group’s markets.

“2025 was a landmark year for Dangote Cement as we delivered exceptional financial performance that underscores the strength of our business model and the effectiveness of our strategic initiatives,” Chief Executive Officer Arvind Pathak said in a statement published on the website of the Lagos Stock Exchange.

Pathak said cost control remained central to the company’s competitive strategy. In 2025, the group accelerated its shift toward compressed natural gas (CNG) technology by acquiring more than 3,000 trucks powered entirely by CNG.

These vehicles deliver fuel savings of more than 60% compared with diesel, giving the company’s cost base lasting structural advantages, he said.

The financial results also show that Nigeria continues to dominate Dangote Cement’s operations. Revenue from the Nigerian market rose 34.8% in 2025 to 2.9565 trillion naira, even though sales volumes remained stable at 17.7 million tons.

Slower Momentum Across Some African Markets

Outside Nigeria, the group’s African operations saw a slight decline in activity. Production volumes across the rest of the continent fell 1.6% to 11 million tons in 2025.

The company attributed the slowdown to political uncertainty before and after elections in Cameroon, Senegal, and South Africa, as well as liquidity constraints in Ethiopia.

As a result, revenue from the group’s African operations outside Nigeria fell 1.7%, dropping from 1.4814 trillion naira in 2024 to 1.456 trillion naira in 2025.

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

In late February, the company also signed a $1 billion agreement with China’s Sinoma Engineering to build new cement plants and upgrade existing facilities across Africa.

The program includes 12 projects in seven countries. Plans cover a new integrated production line with grinding facilities in northern Nigeria, another new production line in Ethiopia, and capacity expansions in Zambia, Zimbabwe, Tanzania, Sierra Leone, and Cameroon.

In Nigeria, the expansion program also targets sites in Itori, Apapa, Lekki, Port Harcourt, and Onne. The investments form part of Dangote Cement’s long-term development plan to raise total production capacity to 80 million tons per year by 2030.

Walid Kéfi