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Nigeria: Dangote Targets Higher Exports With $800m Itori Cement Plant Expansion Plan

Summary by allAfrica
Dangote Industries Limited has signed an $800 million Memorandum of Understanding (MoU) with Sinoma International Engineering Company Limited to expand its Itori Cement Plant in Ogun State from six million to 12 million metric tonnes per annum (MTPA), in a move aimed at boosting exports and strengthening Nigeria's position as Africa's leading cement producer.

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Aliko Dangote, Africa's richest billionaire, has signed a $800 million contract with the Chinese Synoma group to expand the Dangote cement factory in Itori, Nigeria. The investment will...

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worldstagenews.com broke the news on Sunday, August 2, 2026.
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