Company: Dangote Cement
Country: Nigeria
Sector: Construction Materials
CEO: Arvind Pathak (Group CEO)
Website: https://dangotecement.com/
Careers Page: Not publicly listed
LinkedIn: Not publicly listed
Email: Not publicly listed
Headquarters: Lagos, Nigeria
Founded: 1992 (as Obajana Cement Plc; renamed Dangote Cement Plc in 2010)
Valuation/Revenue: FY2025 revenue of NGN 4.31 trillion (approx. $2.8bn), up 20% year-on-year, and market cap of roughly NGN 17.3 trillion (approx. $11bn) as of August 2026 (stockanalysis.com); African Business Top 250 (2025) cited $2,379.6m revenue and $5,330.1m market value using earlier-year figures
Dangote Cement Plc is Africa’s largest cement producer, manufacturing, importing, packaging and distributing cement and related building materials from plants in Nigeria and across roughly nine other African countries. It is the flagship industrial subsidiary of the Dangote Group, controlled by Nigerian billionaire Aliko Dangote, and is listed on the Nigerian Exchange (NGX).
What Does Dangote Cement Do?
Dangote Cement produces and sells cement for the construction and infrastructure sectors, operating large integrated plants such as Obajana (Kogi State) — one of the biggest cement plants in the world — Ibese (Ogun State) and Gboko (Benue State) in Nigeria, plus operations in Senegal, Tanzania, Ethiopia, Cameroon, Congo, Ghana, Zambia, South Africa and Sierra Leone at various points in its history. The company has positioned itself as a pan-African industrial champion, aiming to backfill cement demand created by Africa’s construction and urbanization boom while reducing the continent’s historical reliance on imported cement.
How Big Is Dangote Cement?
Dangote Cement is one of the largest companies on the Nigerian Exchange by market capitalization, historically accounting for a substantial share of the exchange’s total value. According to stockanalysis.com, the company’s trailing revenue reached NGN 4.75 trillion, with FY2025 annual revenue of NGN 4.31 trillion (up over 20% from NGN 3.58 trillion the prior year) and earnings roughly doubling to NGN 1.00 trillion. Its market capitalization was reported at around NGN 17.3 trillion in mid-2026, up nearly 80% year-on-year, reflecting a rally in Nigerian equities and strong operating performance. African Business magazine’s Top 250 ranking for 2025, using earlier-year figures, placed the company’s revenue at roughly $2.38 billion and market value at about $5.33 billion — both well below the more recent naira-denominated figures once currency effects and share-price gains are accounted for.
Who Owns Dangote Cement?
Dangote Cement is majority-owned by Aliko Dangote, Africa’s richest man, through Dangote Industries/Dangote Group, which he built from a trading business into a diversified conglomerate spanning cement, sugar, salt, fertilizer and (more recently) oil refining. Dangote personally invested billions of dollars building out the company’s plants between the mid-2000s and early 2010s. The Investment Corporation of Dubai bought a minority stake in 2014. The remainder trades as free float on the Nigerian Exchange, where the company has been listed since October 2010.
Who Is the CEO of Dangote Cement?
Arvind Pathak became Group CEO of Dangote Cement, taking over from Michel Puchercos, who had led the company for roughly three years. Pathak previously served as the company’s chief operating officer and deputy managing director, and had earlier led India’s Birla Corp, bringing decades of cement-industry operating experience to the role.
Is Dangote Cement Publicly Traded?
Yes. Dangote Cement Plc has been listed on the Nigerian Exchange since October 2010 under the ticker DANGCEM, and remains one of the exchange’s largest constituents by market value.
How Does Dangote Cement Compare to Its Competitors?
Within Nigeria, Dangote Cement’s chief rival is BUA Cement, another fast-growing Nigerian producer, along with Lafarge Africa (part of the Holcim/Lafarge global group). Across the wider African market, Dangote Cement competes with regional players such as PPC in Southern Africa and various national producers in the markets where it operates. Dangote Cement’s scale — with a stated installed capacity in the tens of millions of tonnes across Africa — gives it a cost and distribution advantage that has made it the dominant producer in several of its markets, though it has faced competitive and regulatory pressure in Nigeria over cement pricing, which has been a recurring political and public-interest topic given the price of cement relative to average incomes.
What Has Dangote Cement Been in the News For Recently?
Recent coverage has focused on the CEO transition to Arvind Pathak, continued strong revenue and earnings growth reported through 2025 into 2026, and broader Dangote Group news — including Aliko Dangote’s separate, much-discussed $800 million-plus investment commitments to expand capacity at group facilities such as the Itori cement plant. Nigerian cement pricing, foreign-exchange volatility affecting import costs for production inputs, and the naira’s fluctuations against the dollar have also been recurring themes shaping investor and public commentary on the company’s results.
Links
Website: https://dangotecement.com/
Careers Page: Not found
LinkedIn: Not found
Email: Not publicly listed
FAQ
Who is the CEO of Dangote Cement?
Arvind Pathak is Group CEO, having succeeded Michel Puchercos.
Who owns Dangote Cement?
Aliko Dangote, through Dangote Industries/Dangote Group, is the majority shareholder; the rest trades as free float on the Nigerian Exchange, with the Investment Corporation of Dubai holding a minority stake.
Is Dangote Cement publicly traded?
Yes, on the Nigerian Exchange (NGX: DANGCEM) since October 2010.
How much revenue does Dangote Cement make?
FY2025 revenue was about NGN 4.31 trillion (roughly $2.8bn), according to stockanalysis.com.
Where is Dangote Cement headquartered?
Lagos, Nigeria.
What countries does Dangote Cement operate in?
Nigeria plus multiple other African markets including Senegal, Tanzania, Ethiopia and others, depending on the year.