Africa’s Top Cement Maker Boosts Capacity to Meet Demand Surge
- Dangote Cement of Nigeria will boost capacity by 40% this year
- Demand for building materials rose by 40% in past seven months
Photographer: George Osodi/Bloomberg
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Dangote Cement Plc, Africa’s biggest producer of the building material, will ramp up capacity by more than a third to meet Nigeria’s burgeoning demand as the economy recovers.
“We are expanding capacity from about 50,000 tons a day at the beginning of the year to 70,000 tons a day at the end of the year,” Edwin Devakumar, group executive director at Dangote Industries Ltd., said by phone.