The President of Dangote Industries Limited (DIL), Aliko Dangote, has unveiled an ambitious Vision 2030 strategy aimed at driving Africa’s industrialisation, boosting economic self-sufficiency and empowering the continent’s next generation.
Dangote said the roadmap would reposition the conglomerate as a $100bn enterprise within the next five years through aggressive expansion, cross-border investments and deeper participation in strategic sectors such as energy, manufacturing and infrastructure.
Speaking on the company’s long-term outlook, he stressed that the Group’s mission goes beyond profit-making to building Africa’s productive capacity.
“Our ambition goes far beyond building factories,” Dangote said. “We are building the structures that will enable Africa to feed itself, power its industries and equip its people for long-term prosperity.”
He disclosed that Dangote Cement is targeting an expansion of its production capacity to about 90 million tonnes by 2030, a move that would place the company among the world’s most competitive cement producers.
Dangote added that the Group’s petroleum refinery, currently designed at 650,000 barrels per day, would be expanded to 1.4 million barrels per day, while its fertiliser plant is projected to scale up production to 12 million metric tonnes per annum.
“Our cement business is also on track to reach 90 million tonnes by 2030 — which means producing 50 per cent more than the entire cement output of Saudi Arabia,” he said.
According to him, the Vision 2030 blueprint is anchored on the company’s “Africa First” philosophy, which prioritises indigenous solutions to the continent’s developmental challenges.
“This vision is borne out of my firm belief that Africa’s future will be built by Africans who refuse to accept limits — people who dream big, work hard and never stop believing in what is possible,” Dangote stated.
As part of efforts to nurture Africa’s next generation of leaders, the billionaire industrialist also announced a ₦1tn education fund unveiled in December 2025 to support learning and skills development across the continent.
“Empowering the next generation is essential for building the Africa we envision. This fund is a major investment in the future of young Africans who will drive the continent’s transformation in the years to come,” he added.
The strategy, analysts say, signals Dangote Group’s renewed push to consolidate its dominance in key sectors while positioning Africa as a competitive industrial hub in the global economy.
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