Dangote boosts Inter-Company patronages by purchasing N63bn worth of locally assembled vehicles from ANAMMCO

By Franklin Alli  ‘’With the industrial conglomerate’s many interests and projects, the latest of which is the construction of a refinery in Ibeju-Lekki, Lagos, and the phosphate fertilizer project, the need for heavy-duty vehicles is always inevitable.’’ That’s how the Dangote Group explained why it purchases no fewer than 3, 500 Shacman vehicles of various […]

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Dangote keeps ANAMMCO, south-east auto industry alive

The assembly of Shacman vehicles by Transit Support Services {TSS} in partnership with ANAMMCO, which prompted the revival of the popular plant in Emene, Enugu, has once again, received a huge boost from the Dangote Group following a fresh bulk order for the heavy duty trucks. Clearly the biggest and most consistent buyer of Shacman […]

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Dangote doing so much for host communities

“We believe it is important to give back to our community. We will continue to provide support in every way we can to maintain a cordial relationship in the communities.” Impressed with the provision of communal infrastructures for their communities by Dangote Oil Refining Company (DORC) as part of its Corporate Social Responsibility service, traditional […]

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Dangote Challenges Millennials in Africa to Venture into Manufacturing

THE Millennials should diversify from service-oriented enterprises to manufacturing enterprises. Manufacturing has the capacity to create numerous jobs, develop an economy, sustain jobs and open other linkages.” Millennials are young ones born between 1980 and the mid-2000s, who account for 27% of the global population (about 2 billion people) and Sub-Saharan Africa alone, is home […]

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Nigerian growth drives Dangote Cement’s Performance in first half of 2018

Written by Global Cement staff Nigeria: The recovery of the local economy has driven the performance of Dangote Cement’s sales in the first half of 2018. Its sales revenue grew by 16.9% year-on-year to US$1.34bn from US$1.15bn. Revenue in Nigeria rose by 18.1% to US$959m and in the rest of Africa (Pan Africa) they rose by […]

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Peugeot to start Nigeria assembly plant by Q1’2019

PSA Peugeot Citroen plans to start assembling cars in Nigeria by first quarter of 2019, via a joint venture with Africa’s richest man Aliko Dangote and five state governments, one of the local partners told Reuters. The joint venture, Peugeot Automobile Nigeria (PAN) Ltd, will assemble 3,500 units in its first year and ramp up […]

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African Industries speed-up continental investments to $10bn- BCG Report

Dangote Group, Nigerian Breweries, top list By Franklin Ocheneyi  “A new report released by the Boston Consulting Group (BCG)  and  titled “Pioneering One Africa: African Corporations Trail-Blazing Across the Continent” showed that between 2006–2007 and 2015–2016, the average annual amount of African foreign direct investment—money that African companies invested in African countries—nearly tripled, from $3.7 […]

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Dangote Cement’s Top Markets in Cement Sales Pan-Africa

Exports 174,000Mt to Ghana in 2017  By Franklin Ocheneyi Dangote Cement Plc said that it exported 174,000 metric tons of cement from Nigeria to Ghana while the Group sold cement worth over N805 billion across its operations in ten African countries in 2017 Financial Year ended. Checks by Nigeria Industrial Digest, shows that out of […]

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Dangote Cement Anticipates over N134bn Tax Relief from Nigerian Govt

By Franklin Ocheneyi  “IF the Nigerian Investment Promotion Commission (NIPC) approves our applications the tax benefit in 2017 would be N62.2 billion (2016: N43.8 billion and 2015: N28.1billion).” This totaled N134.1 billion. Dangote Cement Plc disclosed this in its Consolidated and Separate Financial Statements for the year ended 31st December, 2017. In the document seen […]

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