his rise underscores his position as the only African billionaire with a net worth above $30 billion and highlights sustained investor confidence in his business empire.
Dangote Cement, the flagship of the Dangote Group, drove this growth, with shares up 4.37 percent on the Nigerian Exchange so far this year. The company continues to deliver strong results, nearly tripling profit to N743.3 billion ($514.5 million) in the first nine months of 2025.
With a production and bagging capacity of 52 million tonnes annually, Dangote Cement remains a core pillar of Africa’s largest manufacturing conglomerate, which also spans sugar, salt, and energy.
Early 2026 gains reflect continued strategic reinvestment and expansion across African markets, keeping investor attention firmly on Dangote’s empire.
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