️ Dangote Cement Unveils 5-Point Growth Strategy to Boost Shareholder Value
Dangote Cement Plc, Africa’s largest cement producer, has rolled out a bold new growth strategy designed to reward shareholders, strengthen governance, and drive long-term expansion across the continent. This comes as the company transitions from its founder, Aliko Dangote, to a new board led by Chairman Emmanuel Ikazoboh.
Key Highlights from the Announcement:
1️⃣ Shareholder Rewards
• Over the past 15 years, shareholders have received ₦3.3 trillion in dividends, making Dangote Cement one of the most rewarding stocks on the Nigerian Exchange (NGX).
• At its 2025 AGM, the company approved a ₦502.6 billion dividend payout (₦30 per share), a remarkable gesture despite tough economic conditions.
2️⃣ New Leadership for a New Era
• Emmanuel Ikazoboh officially took over as Chairman in July 2025.
• He promised to safeguard and grow shareholder investments, uphold strong corporate governance, and deepen partnerships with regulators and host communities.
3️⃣ Five-Point Growth Strategy
The board outlined priorities to sustain Dangote Cement’s market leadership:
• ✅ Strengthen governance structures
• ✅ Drive growth and market transformation
• ✅ Accelerate innovation to cut carbon footprint
• ✅ Expand engagement with partners and communities
• ✅ Invest in employees and workforce development
4️⃣ Capacity Expansion Across Africa
• Current goal: expand installed capacity to 66.4 million tonnes annually by 2030.
• Recent and ongoing projects include:
• Côte d’Ivoire: 1.5Mta commissioned (phase one of 3.0Mta plant)
• Nigeria: 6.0Mta Itori Plant under construction
• Ethiopia: $400M expansion to double production
• To date, Dangote Cement has invested $8.5 billion across Africa in 15 years, signaling long-term confidence in the region’s growth.
5️⃣ Sustainability & Innovation at the Core
• CEO Arvind Pathak emphasized embedding environmental responsibility into operations.
• The company aims to balance profitability with sustainability, ensuring long-term value creation for shareholders and communities alike.
Market & Stakeholder Reactions
• NGX Group Chairman Umaru Kwairanga praised Aliko Dangote for transforming the Nigerian capital market and hailed Ikazoboh’s appointment as a signal of continuity and ambition.
• Shareholder associations expressed satisfaction, commending Dangote Cement’s resilience in paying robust dividends despite forex and economic challenges.
Why It Matters for Investors
Dangote Cement is positioning itself not just as a profit-making giant, but as a sustainable, Africa-focused industrial leader. With its proven dividend history, bold expansion plans, and commitment to governance, the stock remains one of the most attractive plays on the NGX for investors seeking strong returns and long-term growth.
✨ In summary: Dangote Cement’s new era under Ikazoboh blends tradition with transformation — rewarding investors today while securing Africa’s cement future for tomorrow.
Dangote Cement Plc, Africa’s largest cement producer, has rolled out a bold new growth strategy designed to reward shareholders, strengthen governance, and drive long-term expansion across the continent. This comes as the company transitions from its founder, Aliko Dangote, to a new board led by Chairman Emmanuel Ikazoboh.
Key Highlights from the Announcement:
1️⃣ Shareholder Rewards
• Over the past 15 years, shareholders have received ₦3.3 trillion in dividends, making Dangote Cement one of the most rewarding stocks on the Nigerian Exchange (NGX).
• At its 2025 AGM, the company approved a ₦502.6 billion dividend payout (₦30 per share), a remarkable gesture despite tough economic conditions.
2️⃣ New Leadership for a New Era
• Emmanuel Ikazoboh officially took over as Chairman in July 2025.
• He promised to safeguard and grow shareholder investments, uphold strong corporate governance, and deepen partnerships with regulators and host communities.
3️⃣ Five-Point Growth Strategy
The board outlined priorities to sustain Dangote Cement’s market leadership:
• ✅ Strengthen governance structures
• ✅ Drive growth and market transformation
• ✅ Accelerate innovation to cut carbon footprint
• ✅ Expand engagement with partners and communities
• ✅ Invest in employees and workforce development
4️⃣ Capacity Expansion Across Africa
• Current goal: expand installed capacity to 66.4 million tonnes annually by 2030.
• Recent and ongoing projects include:
• Côte d’Ivoire: 1.5Mta commissioned (phase one of 3.0Mta plant)
• Nigeria: 6.0Mta Itori Plant under construction
• Ethiopia: $400M expansion to double production
• To date, Dangote Cement has invested $8.5 billion across Africa in 15 years, signaling long-term confidence in the region’s growth.
5️⃣ Sustainability & Innovation at the Core
• CEO Arvind Pathak emphasized embedding environmental responsibility into operations.
• The company aims to balance profitability with sustainability, ensuring long-term value creation for shareholders and communities alike.
Market & Stakeholder Reactions
• NGX Group Chairman Umaru Kwairanga praised Aliko Dangote for transforming the Nigerian capital market and hailed Ikazoboh’s appointment as a signal of continuity and ambition.
• Shareholder associations expressed satisfaction, commending Dangote Cement’s resilience in paying robust dividends despite forex and economic challenges.
Why It Matters for Investors
Dangote Cement is positioning itself not just as a profit-making giant, but as a sustainable, Africa-focused industrial leader. With its proven dividend history, bold expansion plans, and commitment to governance, the stock remains one of the most attractive plays on the NGX for investors seeking strong returns and long-term growth.
✨ In summary: Dangote Cement’s new era under Ikazoboh blends tradition with transformation — rewarding investors today while securing Africa’s cement future for tomorrow.