Dangote Cement Plc plans to expand its production capacity as part of a strategy to strengthen its Pan-African operations and tap rising demand for cement across the continent.
The company disclosed this in its September 2026 Capital Markets Presentation, which outlined its growth strategy, financial performance and planned capacity expansion.
Dangote Cement currently has 55 million tonnes per annum of installed capacity across its operations in 11 African countries, with more than 9,000 trucks and five operational port infrastructures.
The company said its expansion programme would increase capacity across several markets, including Nigeria, Ethiopia, Zimbabwe, Cameroon, Senegal, Tanzania and Botswana.
Nigeria is expected to account for the largest addition, with 15 million tonnes of additional capacity planned. Ethiopia is projected to add 2.5 million tonnes, while Zimbabwe and Cameroon are expected to add 1.5 million tonnes each.
Senegal is also planned to add 1.5 million tonnes, while Tanzania and Botswana are expected to add 0.5 million tonnes and 0.3 million tonnes, respectively.
In Nigeria, Dangote Cement said it is investing $800 million in the construction of two cement production lines at Itori in Ogun State.
The first phase is expected to provide about six million tonnes of annual capacity, with a further six million tonnes planned under a future expansion.
The company is also expanding its operations in Ethiopia with a $380 million investment in a second production line and a new grinding unit at the Mugher cement plant.
The projects are expected to double the plant’s annual capacity to five million tonnes.
Dangote Cement said its growth strategy would also include potential acquisitions across existing and adjacent markets.
The company said it was monitoring a pipeline of opportunities while maintaining a disciplined approach focused on market share, asset quality and alignment with its corporate strategy.
The expansion comes as the company reported strong financial performance. Its revenue reached $3.1 billion in the 12 months to June 2026, while adjusted EBITDA margin stood at 47 per cent and cash conversion was 89 per cent.
Revenue grew 22 per cent year-on-year during the period, while revenue and adjusted EBITDA recorded compound annual growth rates of 40 per cent and 50 per cent, respectively, between 2023 and 2025.
The company said Nigeria remained its core earnings market, contributing about 70 per cent of group revenue and about 90 per cent of adjusted EBITDA in the 12 months to June 2026.
It attributed the expansion in adjusted EBITDA margin from 40 per cent in 2023 to 47 per cent in the 12 months to June 2026 to pricing discipline, operational efficiency and cost optimisation measures.
Dangote Cement also said it had maintained shareholder distributions while funding its expansion programme. The company declared $1.2 billion in dividends between 2023 and 2025, with dividends increasing in 2025.
The company said its Pan-African expansion is supported by long-term demand drivers, including population growth, urbanisation, infrastructure investment and housing needs.
