Dangote Cement is well on the way to becoming one of the world’s leading cement companies and certainly the largest in Sub-Saharan Africa, which we believe will be the next big growth market for cement.
Our vision is for West and Central Africa to be cement and clinker self-sufficient, with Nigeria the main export hub.
We make the regional and continental free trade agreements a reality
Dangote Cement is focusing on an ‘export to import’ strategy in West and Central Africa. Nigeria has a relative abundance of quality limestone especially in key southern regions near to demand centers and export facilities. Absence of limestone in much of West Africa and Central, especially coastal states, has led some of those countries to import bulk cement or its intermediate product, clinker, usually from outside of the African Continent.
Our vision is for West and Central Africa to become cement and clinker self-sufficient, with Nigeria being the main export hub. This will notably contribute to the improvement of regional trade within the ECOWAS region and beyond with the African Continental Free Trade Area. Nigeria can serve a potential market of 15 countries, 350m+ people.
Following the commissioning of our Apapa and Onne export terminals in 2020, we commenced shipment of clinker from Nigeria to West and Central Africa.
Increase in production due to exports will increase capacity utilisation in the Nigerian operation and in turn reduce fixed cost per tonne.
Support the African Continental Free Trade Area roll-out and build on ECOWAS regional agreements incentives to strengthen the continent cement self-sufficiency.
Foreign exchange revenue for the Nigerian operation help offset foreign exchange risks.
Due to proximity to Nigeria, just-in-time supply enables working capital and landing costs optimization.