Africa’s largest cement producer, Dangote Cement Plc, majority-owned by Aliko Dangote, has rewarded its prime distributors and clients with prizes valued at N15 billion ($10.5 million), highlighting the reliance on its distribution community to maneuver merchandise throughout the continent.
The awards had been introduced on the 2026 Distributors’ Awards Evening in Lagos, an annual occasion recognizing distributor efficiency throughout the corporate’s markets. Held beneath the theme “Companion for Development,” the ceremony mirrored a give attention to gross sales partnerships. Winners acquired money prizes, cement consignments, sport utility autos and pure gas-powered vans.
Dangote: distributors are central to progress
Talking on the occasion, Aliko Dangote, president and chief govt of Dangote Industries Restricted, described distributors because the spine of the enterprise, crediting them with holding merchandise accessible in cities and distant communities alike.
“Your work within the discipline and your day by day contact with clients are what make our plans actual,” Dangote stated. “This gathering is our approach of claiming thanks, and of displaying that the subsequent section of progress is already taking form.” He added that the awards had been additionally meant to sign confidence within the yr forward, regardless of value pressures and uneven demand in some markets.
Imaginative and prescient 2030 and growth plans
Dangote used the event to restate the group’s Imaginative and prescient 2030 plan, which targets constructing a $100 billion African industrial group by the tip of the last decade. The technique, facilities on increasing manufacturing capability, investing throughout borders and lowering the continent’s reliance on imports in key sectors.
For cement, the corporate plans to lift annual manufacturing capability to about 90 million tonnes by 2030, up from 52 million tonnes at this time. Dangote emphasised that the aim just isn’t solely scale however creating industries that help jobs, infrastructure, and long-term progress. Growth efforts additionally embody the group’s oil refinery, fertilizer operations, and petrochemicals enterprise.
Sturdy outcomes help outlook
With a manufacturing and bagging capability of 52 million tonnes per yr, Dangote Cement stays a central participant in regional commerce, exporting cement to nations reminiscent of Cameroon, Ghana and Congo. The corporate has been instrumental in lowering Nigeria’s dependence on imported cement and positioning the nation as a key exporter in Sub-Saharan Africa.
Profit for the nine months ended Sept. 30, 2025, rose to N743.3 billion ($523 million), up 166% from N279.1 billion ($196 million) a yr earlier, whereas income elevated to N3.15 trillion ($2.2 billion), supported by increased cement costs. The corporate reported full-year 2024 revenue of N503 billion ($344.7 million) on income of N3.58 trillion ($2.45 billion).
