Rising growth, rising debt : Dangote Cement under pressure

With growth of 66.4% in 2024, Dangote Cement faces a record debt of $830 million, up 99.4% from 2023.  The depreciation of the naira and international losses complicate the situation, while 90.4% of this debt is used to repay short-term loans.

The challenge? Maintain growth of +60% to avoid collapse. How does the company plan to get out of it? Answer in our report.

Report produced by Serge Nkepseu, Kadiata Soumaré, Mouhamed Diop, Ndeye Absa Fall and Tabara Sy