Dangote Group

Dangote Group has landed a $600 million facility from the Africa Finance Corporation (AFC) to boost its fertiliser production capacity, marking a key step toward strengthening food security in Nigeria and across the African continent.…

President of the Dangote Group, Aliko Dangote, has announced a significant increase in the Group’s investment in Ethiopia, rising from $2.5 billion to over $4 billion, covering critical infrastructure such as a 110-kilometre pipeline, a…

President of Dangote Group, Aliko Dangote, has said he would go into steel production, electricity generation and port development as part of a broader ambition to accelerate industrialisation across Africa. Dangote, whose…

… to become number one construction company in the world

President/Chief Executive, Dangote Group, Aliko Dangote,  has led the groundbreaking of a $2.5 billion fertiliser plant in Gode, Ethiopia. A statement by the company said the project, a partnership between Dangote Group and Ethiopian…

Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group have signed a pact that ceded 60 per cent to the Nigerian firm in a shareholders' agreement to develop, construct, and…

President of the Dangote Group, Aliko Dangote, has said that the Dangote Group paid N450 billion in taxes to the Federal Government's coffers in 2024, thereby becoming the highest tax-paying company in Nigeria. This significant tax…

Dangote Industries Limited (Dangote Group) and its subsidiaries disclosed they paid over N402 billion in taxes in 2024, making the group the highest taxpayer in the country. Dangote’s Chief Branding and Communication Officer,…

Dangote Cement Plc has returned N542.6 billion in losses from its offshore operations to Nigerian investors and the economy in the 10 and a half years to June 2024 of their operations. The string of losses adds to the strain of foreign…

GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) respectively accorded to Dangote Industries Limited (DIL). GCR in its recent report also affirmed the national scale long-term…