African cement producer Dangote plans to double capacity to 80 million tonnes a year as the company expands outside its home market of Nigeria.
Dangote Cement, based in Lagos, Nigerai currently has about 40 million tons of operational capacity in countries including South Africa and Senegal as well as Nigeria. The company recently opened plants in Cameroon, Ethiopia and Zambia and plans to start up a new operation in Tanzania this year.
Dangote is competing with European cement makers including LafargeHolcim and HeidelbergCement in Africa, where demand is growing from increased government spending on infrastructure such as ports, railways and damns.
“Our target is to expand installed cement capacity in Africa outside Nigeria to a total of 40 million metric tons per annum, with Nigeria having the same capacity,” Dangotes owbwr, Aliko Dangote said at the opening of the 1.5 million-ton capacity operation in Ndola, Zambia on Tuesday.
The company is building another new plant in Zambia with a similar capacity to the Ndola operation, Sani Dangote, the company’s vice president and Aliko’s brother, said at the same event.