Industry Sales:

• Cement production: 100% (2025)

TOP 3 Markets:

• Nigeria: approx. 60%
• Ethiopia: approx. 15%
• Tanzania: approx. 10%

Dangote Cement Plc generates its sales entirely from cement production. The Nigerian market is the largest single market for the company, attributed to the strong presence and high demand for cement in the country. Ethiopia and Tanzania follow as important markets that have gained significance due to infrastructure projects and construction activities.

Production sites of Dangote Cement Plc:

1. Nigeria: Dangote Cement operates several production plants in Nigeria, including the facilities in Obajana, Ibese, and Gboko. These are the largest and most important production sites of the company.

2. Ethiopia: The plant in Mugher is a significant production site in Ethiopia.

3. Tanzania: Dangote Cement operates a production plant in Mtwara.

4. Zambia: The plant in Ndola is another important location.

5. South Africa: Dangote Cement also has production capacities in South Africa.

6. Senegal: The company operates a cement factory in Pout.

Dangote Cement Plc has strategically distributed its production capacities in various African countries to better serve the demand on the continent. This geographical diversification enables the company to strengthen its market presence and leverage logistical advantages.

Revenue Growth: Estimated 10-12% (2025, based on industry trends)

Capacity Expansion: Planned increase in production capacity by 30% by 2026

Dangote Cement Plc is pursuing a growth strategy that heavily focuses on capacity expansion and geographical expansion. The company plans to significantly increase its production capacities in existing and new markets to meet the growing demand for cement in Africa.

Another focus is on improving operational efficiency through investments in modern technologies and sustainable production methods. This is intended not only to reduce costs but also to decrease environmental impact.

In addition, Dangote Cement is focusing on diversifying its product range and entering new markets within Africa to further strengthen its market leadership. The strategy also includes partnerships and joint ventures to facilitate market access and enhance local presence.

Main raw materials: Limestone, gypsum, coal, clay

Imported materials: Gypsum, coal

Countries of origin:

• Gypsum: Spain, Turkey
• Coal: South Africa, Colombia

Dangote Cement Plc mainly imports gypsum and coal, which are essential for cement production. Gypsum is needed to regulate the setting time of the cement, while coal serves as fuel in the production kilns. Spain and Turkey are significant suppliers of gypsum, while coal is mainly sourced from South Africa and Colombia. These imports are necessary to secure production capacities and ensure the quality of the cement.

Market share in Nigeria: approx. 60% (2025, estimate)
Production capacity: over 48.6 million tons per year (2023)
EBITDA margin: approx. 45% (2023)

Dangote Cement Plc has a significant competitive advantage in the Nigerian cement industry, which is manifested through several factors. Firstly, the company holds a dominant market share of about 60% in Nigeria, making it the leading cement manufacturer in the country. This market leadership enables Dangote Cement to benefit from economies of scale and reduce its production costs.

Secondly, the company has an impressive production capacity of over 48.6 million tons per year, allowing it to efficiently meet demand both in domestic and international markets. The strategic location of production facilities and access to its own sources of raw materials also contribute to a strong cost structure.

Furthermore, Dangote Cement has a high EBITDA margin of approximately 45%, indicating efficient cost control and strong pricing power. This financial strength enables the company to invest in research and development and further solidify its market position.

Overall, Dangote Cement's competitive advantage is strong, supported by its market leadership, production capacity, and financial performance.

Institutional Investor Share: approximately 54% (estimated for 2025 based on historical data)

Insider Buys/Sells: No significant transactions in the last year (estimated for 2025)

Dangote Cement Plc has traditionally had a high proportion of institutional investors, indicating the trust of major financial institutions in the company's stability and growth potential.

Regarding insider transactions, there were no significant buys or sells in the last year, which could suggest a stable assessment of the company's value by management. This stability can be a positive signal for investors that management has confidence in the company's future development.

Market share of Dangote Cement Plc: Approx. 60% (2025, estimated)

Main competitors and their market shares:

1. Lafarge Africa Plc: Approx. 20%
2. BUA Cement Plc: Approx. 15%
3. Ashaka Cement: Approx. 3%
4. Unicem: Approx. 1%
5. Sokoto Cement: Approx. 1%

Dangote Cement Plc dominates the Nigerian cement market with an estimated market share of around 60%. This is due to its extensive production capacity and the strategic geographic distribution of its plants. The company benefits from strong brand recognition and a well-established distribution network, which represents a significant moat.

Lafarge Africa Plc and BUA Cement Plc are the largest competitors, but with significantly smaller market shares. Lafarge Africa has a certain competitive advantage due to international support and experience, while BUA Cement benefits from efficient production and a strong regional presence.

The moat of Dangote Cement is significant, as the company can achieve cost advantages through its size and efficiency, making it difficult for competitors to gain market share. However, technological innovations or regulatory changes in the future could influence the competitive landscape.

Revenue Growth: 8% (2024) Profit Growth: 5% (2024) Market Share in Nigeria: 60% (2024)

Dangote Cement Plc is the leading cement manufacturer in Nigeria and has further expanded its market leadership in recent years. The company benefits from the increasing demand for cement in the region, driven by infrastructure projects and urbanization.

In 2024, Dangote Cement recorded a revenue growth of 8%, attributed to strong demand and efficient production increase. Profit growth was at 5%, attributed to increased production costs and challenges in the supply chain.

In the long term, Dangote Cement could benefit from ongoing urbanization and economic growth in Africa. The continuous expansion into other African markets offers additional growth potential. However, investors should also consider the risks posed by volatile commodity prices and regulatory changes.

Dividend Yield: 7.5% (estimated for 2025)

Dangote Cement Plc has regularly paid out dividends in recent years. The dividend yield for the year 2025 is estimated to be around 7.5%, based on recent payouts and the current stock price.

Historically, the reliability of dividend payments from Dangote Cement is high. The company holds a strong market position in the cement industry in Africa and demonstrates stable financial results. These factors contribute to Dangote Cement's ability to consistently distribute dividends to its shareholders.