About Dangote Group
Dangote Group is a company based in Lagos (Nigeria) founded in 1981 by Mohammed Dangote and Aliko Dangote was acquired by Olam Agro in April 2019.. Dangote Group has raised $289.3 million across 5 funding rounds from investors including Olam Agro and NNPC. Dangote Group has completed 1 acquisition, including Twister. Dangote Group offers products and services including Cement, Sugar Refining, and Fertilizer. Dangote Group operates in a competitive market with competitors including Danone, Promasidor, RJ Corp, Premier Foods and Hain Celestial, among others.
- Headquarter Lagos, Nigeria
- Founders Mohammed Dangote, Aliko Dangote
- Stage Public
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Dangote Cement Plc
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Products & Services of Dangote Group
Dangote Group offers a comprehensive portfolio of products and services, including Cement, Sugar Refining, and Fertilizer. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Production of cement for construction purposes
Refining sugar for food and beverage industries
Manufacturing fertilizers for farming applications
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Funding Insights of Dangote Group
Dangote Group has successfully raised a total of $289.3M across 5 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(01 Jun 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Unspecified - Dangote Group | Valuation | NNPC |
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| Jul, 2020 | Amount | Debt – Conventional - Dangote Group | Valuation |
investors |
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| Jul, 2018 | Amount | Debt – Conventional - Dangote Group | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dangote Group
Dangote Group has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Olam Agro and NNPC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Oil and gas producer services are provided by NNPC.
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Founded Year | Domain | Location | |
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Provider of farm gate sourcing-based processing and selling solutions for farmers
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Dangote Group
Dangote Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Twister. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Natural gas processing systems are developed for separation applications.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Dangote Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dangote Group Comparisons
Competitors of Dangote Group
Dangote Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Danone, Promasidor, RJ Corp, Premier Foods and Hain Celestial, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Health-focused dairy and plant-based food products are offered.
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| domain | founded_year | HQ Location |
Multi-category food & beverage company
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| domain | founded_year | HQ Location |
Food and beverage products are branded, with diverse sectors engaged.
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| domain | founded_year | HQ Location |
Processed food products are produced and marketed by Premier Foods.
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| domain | founded_year | HQ Location |
Hain Celestial is focused on better-for-you food and personal care products.
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| domain | founded_year | HQ Location |
Multicategory food and beverage company
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Dangote Group
Frequently Asked Questions about Dangote Group
When was Dangote Group founded?
Dangote Group was founded in 1981 and raised its 1st funding round 32 years after it was founded.
Where is Dangote Group located?
Dangote Group is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Who is the current CEO of Dangote Group?
Aliko Dangote is the current CEO of Dangote Group. They have also founded this company.
Is Dangote Group a funded company?
Dangote Group is a funded company, having raised a total of $289.3M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $3B, raised on Jun 01, 2013.
What does Dangote Group do?
The Dangote Group was established in 1981 in Lagos, Nigeria, as a diversified conglomerate. Activities are carried out in sectors including cement production, sugar processing, salt mining, oil refining, packaging materials, and fertilizer distribution. Focus is placed on supplying essentials for food and shelter across African markets, with key leadership provided by founder Aliko Dangote and co-founder Mohammed Dangote.
Who are the top competitors of Dangote Group?
Dangote Group's top competitors include RJ Corp, Promasidor and Danone.
What products or services does Dangote Group offer?
Dangote Group offers Cement, Sugar Refining, and Fertilizer.
How many acquisitions has Dangote Group made?
Dangote Group has made 1 acquisition, including Twister.
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