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Africa: Cameroon is 2020 3rd most Dynamic Subsidiaries of Dangote Cement
Category :- News Author :- L J KINGAH 
Posted on April 21, 2021, 9:34 am
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In the recently published 2020 activity report of Nigerian cement group, Dangote Cameroon was it third most dynamic subsidiary in Africa.

Dangote Cameroon

The record was influenced by numerous construction projects especially in the framework of the African Nations Championship – CAF and other projects the country carried out in 2020, according to the report.

From the top, Cameroon followed Ethiopia and Senegal. Out of the 3.5 million tons of cement sold in the Central African country’s market in 2020, 1.3 million tons which stands for 38% of the sales were sold by Dangote Cameroon, the report indicated. This sale was up by 17.2% compared to the previous years, it added.

Dangote Ethiopia

The most dynamic subsidiary where out of the 7.6 million tons of cement sold in its domestic market, 2.1 million tons was Dangote cement was Ethiopia. As compared its 2019 performance, the sale which represented 28% of the overall was up by 8.7% in 2021.

In Senegal which has been named the 2nd most dynamic subsidiary of Dangote cement, 1.59 million out of 7 million tons of cement sold in the country was Dangote Senegal. It was up by 7.5% and represented 23% of the overall local sales, the report indicated.

Dangote Senegal

While Tanzania was the fourth most dynamic subsidiary in this same light with 1.1 million out of 5.6 million tons of cement sold in the domestic market being Dangote, claiming 773 kilotons out of the 2.7 million tons of cement sold in its domestic market, Dangote Zambia closed the top 5 of Dangote’s most subsidiaries under the period reviewed.

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