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Reading: Nigeria: Dangote Cement seals over $1 billion deal with Sinoma to expand capacity in Africa
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© 2023 Invest-Time. By Afrik-Shine Medias Group. All rights reserved.
Industry

Nigeria: Dangote Cement seals over $1 billion deal with Sinoma to expand capacity in Africa

Nigerian cement Dangote Cement Plc has taken a major step in its continental expansion strategy by signing an industrial agreement worth more than $1 billion with Chinese engineering firm Sinoma International Engineering Co., Ltd.. The partnership aims to support a new wave of investments across Africa, particularly in Cameroon and Nigeria.

By
Aissatou Amirah
Published: 12 March 2026
Last updated: 12 March 2026
3 Min Read
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Nigeria: Dangote cement seals over $1 billion deal with Sinoma to expand capacity in Africa

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According to information , the agreement covers twelve industrial projects. These include the construction of new integrated cement plants, the expansion of existing facilities, and the modernization of several production units. Cameroon is among the countries targeted under the investment plan, although specific details regarding the local projects have not yet been disclosed.

Targeting 80 million tons by 2030. Through this ambitious expansion drive, Dangote Cement intends to raise its annual production capacity to 80 million tons by 2030. This objective aligns with the group’s broader roadmap, which seeks to achieve $100 billion in consolidated revenue before the end of the decade.

In a message to investors, Aliko Dangote, founder and chairman of the group, stated that the new projects will significantly increase output volumes, strengthen the company’s leadership in Nigeria, and boost exports to other African economies. He also highlighted the expected improvements in industrial efficiency and operational performance.

Strengthening pan-african operations

Sinoma will serve as the technical and industrial partner for all announced projects. Planned developments include a new integrated production line in northern Nigeria, complemented by a satellite grinding unit, as well as capacity expansions in Ethiopia. Additional operations are scheduled in Zambia, Zimbabwe, Tanzania, Sierra Leone, and Cameroon. Within Nigeria, key industrial hubs such as Itori, Apapa, Lekki, Port Harcourt, and Onne are involved. These locations are strategically important for domestic logistics and regional exports across West and Central Africa.

Board Chairman Emmanuel Ikazoboh noted that the investments would further reinforce the company’s position in the African cement industry. Chief Executive Officer Arvind Pathak added that the capacity increase should help ease supply constraints in certain markets while supporting large-scale infrastructure programs underway across several African countries.

Strong financial performance in 2025

The agreement comes at a time when Dangote Cement is posting strong financial results. For the fiscal year ending December 31, 2025, the company recorded revenue of 4.307 trillion naira, representing a 20% increase compared to 2024. Net profit more than doubled to 1.015 trillion naira, marking a 102% year-on-year rise. Although total sales volumes slightly declined from 27.7 million tons to 27.5 million tons, revenue growth remained solid, supported by pricing dynamics and geographic diversification.
Operations outside Nigeria, grouped under the Pan-Africa segment, generated 1.456 trillion naira in 2025, accounting for approximately 34% of total revenue. Subsidiaries in Tanzania, South Africa, Ethiopia, Cameroon, and Senegal played a significant role in sustaining the group’s growth momentum.

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