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The Africa Report
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Posted on
March 19, 2024 17:00
Regardless of inflationary pressures and logistical constraints, the ‘king of cement’ has confirmed its rise to prominence and appears to be discovering the trail to profitability in pan-African markets.
The spearhead of the Dangote Industries Restricted (DIL) empire, which incorporates some 15 subsidiaries together with Nascon (salt) and Dangote Sugar (182nd in our 500 rating), Dangote Cement has withstood inflation, the naira disaster and the worth conflict waged by rival Abdul Samad Rabiu, head of BUA Cement (204th), to put up a document 2023 monetary yr.
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