Here’s why Dangote Cement is the most outstanding company of the year
Dangote Cement recently emerged as the “Most Outstanding Company” of the year by the Abuja Chamber of Commerce and Industry (ACCI) for its contribution to the Nigerian economy.
Headed by Africa’s richest man, Aliko Dangote, the Nigerian Cement company has distinguished itself from other companies through its support and sustained contribution to the development of the Nigerian economy, according to the president of the ACCI, Tony Ejinkeonye.
Dangote Cement has embarked on Pan-Africa operations with an investment of more than $4 billion. Its expansion projects include new integrated cement plants in Senegal, South Africa, Zambia, Tanzania, Ethiopia, Republic of Congo, Kenya and Nepal, Asia as well as import or grinding facilities in Cameroon, Ghana, Cote d’Ivoire, Sierra Leone and Liberia.
The biggest quoted company in West Africa and the only Nigerian company on the Forbes Global 2000 Companies, Dangote Cement Plc prides itself as a world class brand with an epitome of trust among all the stakeholders: engineers, builders, contractors, individual house owners, governments, investors, shareholders and the society at large.
The company’s positioning as “world-class cement at affordable cost” translates the company’s vision: “to produce made-in-Africa cement” and the brand has consistently lived up to this trust since its inception. Dangote Cement plants across Africa have created about 2,000 direct jobs and 5,000 indirect job opportunities.
In December 2013, Dangote Cement Plc ranked 27th on the global ranking of cement companies with a production capacity of 20 million metric tonnes per year. With a production capacity of 38 metric tonnes per year following the construction of new cement plants, the company is set to displace China’s Jidong Development and Shansui, at the 15th and 16th position on the global ranking.
Last month, Dangote Cement Plc, slashed the price of cement from N1,800 to N1,300 to enable block moulders and Nigerians at large have access to Dangote’s quality cement thus meeting the needs of the growing population.
Dangote Cement has also bagged the Leadership Product of the year (2015) and African Business of the year award in addition to many other achievements.
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