Aliko Dangote unveils Vision 2030, targeting $100bn growth with expanded cement, refinery, fertiliser production, and Africa-wide investments

The President of Dangote Group, Aliko Dangote, has unveiled the conglomerate’s Vision 2030, an ambitious plan to build a $100 billion enterprise by 2030 through industrial expansion, consolidation and cross-border investments.

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Dangote outlined that the Vision 2030 roadmap will increase cement production capacity to approximately 90 million tonnes, expand the Dangote Refinery to 1.4 million barrels per day, and scale fertiliser output to 12 million metric tonnes annually.

The announcement was made during the Dangote Group’s 2025 Distributors Awards and Partners’ Night at Eko Hotels in Lagos, an event recognising distributors and strategic partners for their contributions to the group’s growth.

Dangote also revealed major investments across Africa, including new fertiliser complexes, tank farms, pipelines, sugar backward integration projects, and expanded energy infrastructure to boost Africa’s self-sufficiency in critical sectors.

“Our ambition goes beyond building factories. It is about building Africa’s capacity to feed itself, power its economy and drive sustainable industrialisation,” Dangote said, reaffirming the group’s commitment to investing in Nigeria, creating jobs, and supporting government efforts to achieve a $1 trillion economy by 2030.

He also highlighted a multi-billion-dollar education fund for vulnerable students as part of the group’s social investment initiatives.

The event, themed “Partner for Growth,” brought together distributors, customers, financial partners, and other stakeholders to celebrate performance and reaffirm the company’s growth agenda.

Dangote described distributors as the “heartbeat” of the organisation, acknowledging that their dedication and resilience translate the group’s vision into tangible results.

Also speaking at the event, Emmanuel Ikazoboh, Chairman of Dangote Cement Plc, emphasised the importance of strong partnerships in sustaining industrial growth across Nigeria and Africa.

He credited distributors and partners as vital links between production facilities and end-users, highlighting the company’s 2025 expansion of production capacity and introduction of new products, including 52.5 Blockmaster, 42.5R, 42.5N, and Falcon cement.

Ikazoboh disclosed that Dangote Cement is investing in compressed natural gas (CNG) trucks to improve logistics efficiency, reduce costs, and promote environmental sustainability.

He further noted the company’s plans to produce green cement and transition its fleet to alternative energy sources, including solar power and CNG, with all trucks expected to run on CNG by 2027.