Dangote Cement Targets 80m Tonnes Capacity, To Fund Expansion From Cash Flow

Dangote Cement plans to increase its total cement production capacity to 80 million tonnes in the medium term, with its expansion strategy focused on low-cost brownfield projects in existing markets. The Group Managing Director and CEO, Mr. Arvind Pathak, disclosed this at the Dangote Cement Capital Markets Day presentation held in London, where he outlined the company's growth roadmap and funding strategy. According to him, the next phase of expansion will add about 25 million tonnes to the company's current capacity, bringing it to 80 million tonnes. He explained that brownfield expansions offer significant advantages, including lower capital expenditure, and that the company intends to fund the expansion from its cash flow.

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