On September 30, 2017, Nigerian cement manufacturing company Dangote announced that, according to its unaudited results, it sold 938,000 tons of cement in Cameroon this year. This is a 16.4% increase compared to the 806,000 tons it sold during that same period in 2016.
“Our Pan-African operations are performing strongly with excellent sales growth in Cameroon, Ethiopia, and Senegal”, the Group stated. The cement company indicated that a ton of cement costs $110 (around CFA60,000). In less than two years, the Dangote group wrested Cameroon’s cement market leadership from Lafarge-Holcim. It now retains 46% of market share while CIMAF and MEDECM Cameroon share 54%.
Dangote Cement is the leading cement producer in Africa, with production estimated at around 46 Mta. Apart from its operation centres in Cameroon with a clinker grinding capacity of 1.5Mta clinker grinding, the group also has operation centres in Nigeria (29.25Mta), Congo (1.5Mta), Ghana (1.5Mta import), Ethiopia (2.5Mta), Senegal (1.5Mta), Sierra Leone (0.5Mta import), South Africa (2.8Mta), Tanzania (3.0Mta) and Zambia (1.5Mta).
