Dangote Group of Companies Review: All you need to know in 2024

Dangote Group of Companies

Dangote Group of Companies Review

Dangote Group of Companies Review: This article highlighted all you need to know about Dangote Group, including its salary structure, companies under Dangote Group, its competitors, type of business, and even how you can become a distributor. So, sit back and read to the end.

Hello! Welcome to Recruitment Portfolio, we’re glad to have you on this page. Today, we’ve carefully highlighted everything you need to know about the Dangote Group of Companies, and we’ll respond to the following questions asked by some of our subscribers:

  • How much is Dangote staff salary?
  • How many companies are under Dangote Group?
  • Who are Dangote Group competitors?
  • How to become a distributor of Dangote products?
  • Who is the real owner of Dangote company?
  • Who is the CEO of Dangote Group?
  • What type of business is Dangote Group?
  • What is the purpose of Dangote Group?
  • Who borrowed Dangote money to start business?
  • How much does Dangote make in a day?
  • How can I contact Dangote?
  • How many cement factory does Dangote have?
  • How much did Dangote loan from his uncle?

The Dangote Group is a multinational industrial conglomerate in Nigeria, founded by Aliko Dangote. Dangote Group is Nigeria’s largest industrial conglomerate in West Africa, employing over 30,000 people and generating over US$4.1 billion in revenue every year.

Overview of Owner/CEO of Dangote Group of Companies (Aliko Dangote, GCON)

I would first like to introduce to you the founder, president, and chief executive of the Dangote Group of companies, in the person of Aliko Dangote. Aliko Dangote was born on April 10, 1957, into the family of Mohammed Dangote, who is his father, and Hajia Mariya Sanusi Dabtata, his mother.

And he is a father to three beautiful children, namely, Fatima Dangote, Abdulrahman Fasasi, Halima Dangote, and Mariya Dangote.

Aliko Dangote is a Nigerian businessman and professional industrialist. His various organizations founded by him include Dangote Group, Dangote Cement, and BCC Lions F.C., and his business net worth is 10.5 billion USD as of 2023. Currently, Aliko Dangote is the richest man in Nigeria, even in Africa as a whole.

As I earlier stated, Aliko Dangote, the founder and CEO of the Dangote Group, is the largest conglomerate in West Africa, leading in the cement market. The Group’s subsidiary, Dangote Cement Plc, is the largest listed company in West Africa and the first Nigerian company to join the Forbes Global 2000 Companies list.

The Dangote Group is expanding into Nigeria’s agriculture sector and is constructing Africa’s largest petroleum refinery, petrochemical plant, and fertilizer complex.

Dangote is a prominent figure in international organizations, including the Corporate Council on Africa, the Steering Committee of the UN Secretary-General’s Global Education First Initiative, the Clinton Global Initiative, the McKinsey Advisory Council, and the International Business Council of the World Economic Forum. He was appointed co-chair of the US-Africa Business Center in 2016.

Dangote, a graduate of Al-Azahar University, started his business career in 1978 trading rice, sugar, and cement before transitioning to manufacturing. In 2013, Forbes named him the ‘Most Powerful Man in Africa’, TIME Magazine ranked him among its 100 Most Influential People, and CNBC ranked him among its Top 25 Businessmen.

If you’re interested in the Dangote Group of Companies, you can apply for:

Dangote Sugar Refinery Recruitment

Dangote Fertilizer Recruitment 

History of Dangote Group of Companies 

Dangote Group was established in 1981 and initially specialized in trading goods for Nigeria. In the 1990s, it expanded into manufacturing, focusing on textiles, flour milling, salt processing, and sugar refining.

The company rapidly expanded into cement production and other African countries, demonstrating a strong vertical integration strategy.

The headquarters of Dangote Group is in Lagos. Dangote Group owns and utilizes over 18 subsidiaries in 10 African countries, including Dangote Cement, which is listed on the Nigerian Stock Exchange and accounts for nearly 20% of the total capitalization.

Furthermore, Dangote partnered with CNOOC Group in 2016 to install a large underwater offshore pipeline that extends from Bonny to Lekki and the Escravos Lagos pipeline, ultimately terminating at the West Africa Gas Pipeline.

Now let’s look at the overview of Dangote Group of companies.

Overview of Dangote Group of Companies

Dangote Group was founded in the late 1970s by Aliko Dangote and initially traded sugar and consumer goods. In 1981, Dangote Nigeria Limited and Blue Star Services were established, acquiring import licenses for steel, baby food, and aluminum products.

Dangote also added shipping and cement imports, competing with French company Lafarge, which primarily imported African cement. The group expanded into trading other commodities, including rice.

In case you don’t know, after the 1986 discontinuation of the import license era, the firm shifted to bulk imports of salt, sugar, and rice, subsequently reducing its cement business.

Manufacturing in Dangote Group of Companies

The group started its manufacturing venture in 1989 with Textiles Mills Limited, operating two operations in Kano and Lagos.

In 1997, the company focused on manufacturing consumer goods like sugar refining and flour milling, competing with imported products from Brazil and Europe. In 1999, the Dangote sugar refinery began local production. The company also established a pasta plant and flour mill to supply raw materials for pasta.

Furthermore, in 2004, it invested in a cement manufacturing venture in Obajana, Kogi State, and another in Ibeshe, Ogun State. To reduce economic and political risk, the group sought opportunities to expand beyond Nigeria, focusing on continental expansion through cement plant acquisitions in African countries.

Today, Dangote Group is a diversified conglomerate with interests in cement, sugar, flour, salt, seasoning, pasta, beverages, real estate, oil and natural gas, telecommunications, fertilizer, and steel, with competitors like Stallion Group.

Different Businesses Under Dangote Group of Companies

The following are the various businesses operating under Dangote Group of companies:

  • Cement Manufacturing
  • Sugar Refining
  • Salt & Seasonings 
  • Fertilizer 
  • Infrastructure
  • Tomato Farming
  • Rice Farming
  • Automotive
  • Refinery
  • Energy
  • Petrochemicals
  • Training Academy 
  • Polysacks
  • Real Estate
  • Mining
  • Logistics
  • Maritime 

List of Dangote Group Management Team

S/N Name Position
1. Aliko Dangote  Founder, President / CEO
2. Sani Dangote Vice President
3. Olakunle Alake Chief Operating Officer
4. Abdu Dantata Group Executive Director (Logistics & Distribution)
5. Devakumar V G Edwin Group Managing Director/CEO, 

(Dangote Cement Plc)

6. Sada Ladan-Baki Group Executive Director
7. Sadik Ali Mohammed Group Executive Director
8. Knut Ulvmoen Group Executive Director
9. Daljeet Singh Ghai  CEO Dangote Cement Plc (Nigerian Operations)
10. Tajudeen Sijuade  CEO Dangote Cement (Ghana Operations)
11. Joseph Makoju Special Adviser to the President/CE
12. Oladeinde Brown Special Assistant to the President/CE
13. Paramjit Pabby Group Chief Human Resources Officer

Frequently Asked Questions

Q. How much is Dangote staff salary?

The average monthly salary for a Management Trainee at Dangote Group is NGN 200,000 per month, based on employee salaries and a median of NGN 200K, with a base pay of NGN 200,000.

Q. How many companies are under Dangote Group?

There are about 18 subsidiaries under Dangote Group

The group owns 18 subsidiaries in ten African countries, with Dangote Cement, listed on the Nigerian Stock Exchange, accounting for nearly 20% of the total capitalization.

Q. Who are Dangote Group competitors?

Listed below are the Dangote Group competitors.

  • Julius Berger Nigeria Plc Headquarters. Nigeria.
  • Lafarge Africa Plc Headquarters. Nigeria.
  • Bamburi Cement PLC Headquarters. Kenya.
  • Cement Company of Northern Nigeria Plc Headquarters, Nigeria.

Q. Who is the real owner of Dangote company?

Aliko Dangote is the real owner and founder/CEO of Dangote Group, born on April 10, 1957, is a Nigerian businessman and philanthropist.

Q. What type of business is Dangote Group?

Dangote Industries Limited, a holding company, offers building products like cements and aggregates, food and beverages, and packaging through its subsidiaries.

Q. What is the purpose of Dangote Group?

The goal of the Dangote Group is to promote self-reliance and self-sufficiency in the production of the world’s most basic commodity by establishing efficient facilities in strategic locations near key growth markets.

Q. Who borrowed Dangote money to start business?

In 1977, Dangote founded the Dangote Group, expanding into Lagos after receiving a ₦500,000 loan from his uncle. The company traded commodities like bagged cement and agricultural goods.

Q. How much does Dangote make in a day?

Dangote makes about N460bn as profit in a day

Nigerian business tycoon Aliko Dangote made N460bn in a day, surpassing four other billionaires on the Billionaires’ List.

Q. How can I contact Dangote?

Telephone Numbers:: +234-1-460-643. Fax : +234-1-463-0316, +234-1-271-2231.

Email Address: customercare@dangote.com. communications@dangote.com.

Q. How much did Dangote loan from his uncle?

Aliko Dangote secured a $3000 loan from his uncle to start his business, importing and selling agricultural commodities like rice from Thailand and sugar from Brazil in Nigeria.

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  • Smith

    Meet Mr. Smith, a seasoned professional with a wealth of experience as an author and researcher at Recruitment Portfolio. With a passion for words and a keen eye for detail, Mr. Smith has become a cornerstone of our team, bringing a unique blend of creativity and analytical prowess to his work.

About Smith 158 Articles
Meet Mr. Smith, a seasoned professional with a wealth of experience as an author and researcher at Recruitment Portfolio. With a passion for words and a keen eye for detail, Mr. Smith has become a cornerstone of our team, bringing a unique blend of creativity and analytical prowess to his work.

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