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Dangote, Sinoma sign $800m MoU to expand Itori Cement plant capacity to 12 MTPA

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Dangote, Sinoma sign $800m MoU to expand Itori Cement plant capacity to 12 MTPA
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Dangote Industries and Sinoma International have signed an $800 million agreement to double the production capacity of the Itori Cement plant in Nigeria to 12 million metric tonnes per annum. This expansion aims to support domestic infrastructure projects and increase export capabilities across Africa.

Why it matters

This investment is a major step in Nigeria's industrialization strategy and reflects the growing demand for construction materials in the African market.

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Dangote Industries Limited and Sinoma International Engineering Co., Ltd. have signed a landmark Memorandum of Understanding (MoU) worth more than $800 million to expand the Dangote Cement Plant in Itori, Ogun State, increasing its production capacity from six million to 12 million metric tonnes per annum (MTPA).

The agreement was signed by the President and Chief Executive of Dangote Group, Aliko Dangote, and the Chairman of Sinoma, Lin Zhong, underscoring the long-standing strategic partnership between the two organisations and their shared commitment to advancing industrial development in Africa. Under the agreement, the expansion project will significantly boost the production capacity of the Itori plant, enabling Dangote Cement to meet growing domestic demand while substantially increasing its export capabilities.

The investment is also expected to reinforce Nigeria’s position as one of Africa’s leading cement-producing nations and expand the country’s footprint in regional and international cement markets.

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