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Dangote Cement Sales Jump to Record on African Demand Rush

  • Company’s net income rose 50% in the first half of the year
  • Easing of Covid-19 restrictions driving demand in Nigeria
The $15 Billion Oil Bet For Africa's Richest Man
Photographer: Tom Saater/Bloomberg
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Dangote Cement Plc, Africa’s largest producer of the building material, posted record revenue in the first half of the year as demand revived at home in Nigeria, and across the continent with the easing of Covid-19 restrictions.