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Dangote Cement sustains 54 000 jobs

Published by , Deputy Editor
World Cement,

Dangote cement has been able to sustain 54 000 jobs in Nigeria, Ethiopia, Senegal and South Africa. President of Dangote Group, Aliko Dangote, announced at the company’s 11th Annual General Meeting in Lagos that as the company’s clinker exports increase, more jobs will be created.

“According to our 2019 socioeconomic impact assessment study specifically on our operations in Nigeria, Ethiopia, Senegal and South Africa, we sustained 54 005 jobs (direct, indirect, induced) in these four markets in the year under review," said Aliko Dangote.

At the 11th Annual General Meeting (AGM) in Lagos last week, the company announced that the group recorded volumes of 23.7 million t and revenues of 891.7 billion in 2029, despite the tough business environment of the countries in which it operates and the market being impacted by election cycles, heavy rains and the loss in land export volumes.

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