Latest news

Dangote Outlines Strategy To Drive Africa’s Economic Expansion


Dangote Industries Limited (DIL) has announced an ambitious Vision 2030 strategy aimed at fast‑tracking Africa’s industrialisation, strengthening economic self‑sufficiency, and empowering the continent’s next generation.

President of the Group, Aliko Dangote, said the company’s long‑term direction was focused on building Africa’s capacity to feed itself, power its economy, and develop its people sustainably.

Revealing the Group’s expan‑ sion roadmap, Mr. Dangote stated that Dangote Cement was target‑ ing an increase in its production capacity to approximately 90 million tonnes by 2030.

He noted that this scale-up would position the company as one of the world’s most competi‑ tive cement producers. “Our ambition goes far be‑ yond building factories.

We are building the structures that will enable Africa to feed itself, power its industries, and equip its people for long‑term prosper‑ ity,” Dangote said.

Highlighting plans under the Vision 2030 framework, Dangote explained that the goal would transform DIL into a $100 bil‑ lion enterprise by 2030 through sustained industrial expansion, cross‑border investments, and strengthening Africa’s indepen‑ dence in strategic sectors such as energy, manufacturing, and infrastructure.

“Under this vision, we have announced the expansion of our petroleum refinery from 650,000 barrels per day to 1.4 million bar‑ rels per day, and our fertiliser plant to 12 million metric tonnes per annum,” he said.
“Our ce‑ ment business is also on track to reach 90 million tonnes by 2030 — which means producing 50 percent more than the entire cement output of Saudi Arabia.” According to him, Vision 2030 forms a core part of the Group’s “Africa First” mission.

“This vision is borne out of my firm belief that Africa’s future will be built by Africans who refuse to accept limits — people who dream big, work hard, and never stop believing in what is possible.” As part of its long-term com‑ mitment to developing African talent, Dangote said he had an‑ nounced a N1 trillion ($600 mil‑ lion) education fund in Decem‑ ber 2025.



Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...