As of September 30, 2017, Nigerian cement manufacturer Dangote reports that, according to its “unaudited” results, it has sold 938,000 tonnes of cement in Cameroon. This represents an increase of 16.4% over the 806 000 tonnes marketed during the same period in 2016.
“Our pan-African business is performing well with excellent sales growth in Cameroon, Ethiopia and Senegal,” said the Nigerian group. It currently boasts 46% market share. The cement company says that the ton of cement is sold at $ 110 (about 60,000 FCFA). In less than two years, Dangote has delighted Lafarge-Holcim with leadership in the Cameroon cement market. The remaining shares are now shared between Cimaf and Medecm Cameroon.
Dangote Cement claims to be the largest cement producer in Africa with production of about 46 million tonnes (Mt) across Africa. Its activities are as follows: Cameroon (clinker crushing 1.5 Mt), Congo (1.5 Mt), Ghana (import 1.5 Mt), Ethiopia (2.5 Mt), Senegal (1.5 Mt), Sierra Leone (0.5Mt import), South Africa (2.8Mt), Tanzania (3Mt), Zambia (1.5Mt). Its production capacity is 29.25 Mt in the domestic market in Nigeria.