Dangote Group

Lagos, Nigeria Founded: 1981 • Age: 45 yrs Listed Acquired By Olam Agro
Diversified conglomerate operating across multiple industries

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 $3.39 billion across 7 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
  • Sectors
    Real Estate & Construction
  • Website category Business and Consumer Services · Textiles
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website dangote.com
  • Social LinkedIn X Facebook Instagram
  • Acquired by Olam Agro (Apr 2019)
  • Legal Name Dangote Cement Plc
Key Metrics
  • Total Equity Funding
    $3.39B (USD)

    in 7 rounds

  • Latest Funding Round
    $600M (USD), Series D

    Aug 2026

  • Investors
    Olam Agro

    & 1 more

  • Investments & Acquisitions
  • Acquired by
    Olam Agro

    (Apr 2019)

Products & Services of Dangote Group

Dangote Group offers a comprehensive portfolio of products and services, including Cement, Sugar Refining, and Fertilizer.

Cement
Manufacturing

Production of cement for construction purposes

Sugar Refining
Processing

Refining sugar for food and beverage industries

Fertilizer
Agriculture

Manufacturing fertilizers for farming applications

Funding Insights of Dangote Group

Dangote Group has successfully raised a total of $3.39B across 7 strategic funding rounds. The most recent funding activity was a Series D round of $600 million completed in August 2026. 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 $3.39B
  • Total Rounds 7
  • Last Round Series D β€” $600M
  • First Round $289.3M

    (Jun 2013)

  • Investors Count 1

All 7 funding rounds of Dangote Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2026$600MSeries D––
–
Jul 2026$2.5BSeries D––
–
Jun 2021–Unspecified–NNPC
–
Jul 2020$645.89MDebt – Conventional––
–
Jul 2018$3BDebt – Conventional––
–
Sep 2013–Debt – Conventional––
–
Jun 2013$289.3MPrivate Equity Round––
–
Valuation history

2 investors in total: 2 institutional.

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.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Oil and gas producer services are provided by NNPC.
1977nnpcgroup.comAbuja, Nigeria
Provider of farm gate sourcing-based processing and selling solutions for farmers
1989olamgroup.comSingapore, Singapore
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Investor details for Dangote Group

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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People of Dangote Group

129 people are tracked at Dangote Group (33 in leadership, 3 in board & advisors, 93 in team).

NameRoleGroup
Mohammed Dangote
Co-FounderLeadership
Aliko Dangote
Founder & CEOLeadership
Olakunle Alake
Group Managing Director, Dangote Industries LimitedLeadership
Adenike Fajemirokun
Group Executive Director, Office of the President & Group Chief Risk OfficerLeadership
Devakumar V. G. Edwin
Group Executive Director, Strategy, Portfolio Development & Capital ProjectsLeadership
Wilson Ayo Kolawole. (M.sc
Regional Head, Sales And MarketingLeadership
Gbenga Fapohunda
Group Chief Finance Officer For Dangote Cement Plc (ag)Leadership
Kvn Rao
Head Of Information TechnologyLeadership
Abdu Dantata
Group Executive Director, Logistics & DistributionLeadership
Rabiu Umar
Group Chief Commercial OfficerLeadership
Halima Aliko-Dangote
Group Executive Director, Commercial OperationsLeadership
Tolu Ashaye
Head, Sales And Marketing,Leadership
Balasubramanian Jawahar
Chief Engineer FactoryLeadership
Aliyu Suleiman
Group Chief Strategy OfficerLeadership
Oritseweyimi Ekeleni
Unit Head, Network SecurityLeadership
Mariadas Rajendran
Head Of Strategic Engineering & Capital ProjectsLeadership
K. Ravindran
Group CFOLeadership
Azeez Ishola
Head, Logistics & DocumentationLeadership
Sunday Oyelude
Chief BuyerLeadership
Sulaiman Zubair Ola
Ag. Group Chief Legal OfficerLeadership

109 more people are available in the full profile.

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Complete people profiles for Dangote Group

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Investments & Acquisitions by Dangote Group

Dangote Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Twister.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Natural gas processing systems are developed for separation applications.
twisterbv.comRijswijk, Netherlands2003Sep 2016β€’β€’β€’β€’
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Complete acquisition details for Dangote Group

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  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Dangote Group

6 dated milestones of Dangote Group across 45 years, from founding to its latest funding, stage changes and deals.

  1. Founded Dangote Group is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $289.3M.
  4. Acquisition Acquires Twister.
  5. Exit Acquired by Olam Agro.
  6. Funding Latest funding round, Series D, of $600.0M.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
danone.com1919Paris, France–94,761
Health-focused dairy and plant-based food products are offered.
promasidor.com1979Sandton, South Africa$532M–
Multi-category food & beverage company
rjcorp.in1980Gurugram, India$41.11M–
Food and beverage products are branded, with diverse sectors engaged.
premierfoods.co.uk1837St Albans, United Kingdom––
Processed food products are produced and marketed by Premier Foods.
hain.com1932New York, United States–2,786
Hain Celestial is focused on better-for-you food and personal care products.
pioneerfoods.co.za1997Cape Town, South Africa––
Multicategory food and beverage company
buafoodsplc.com2005Nigeria––
Processes and distributes sugar, flour, pasta, rice, and edible oils.
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Detailed competitors of Dangote Group

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Web traffic of Dangote Group

The website of Dangote Group (dangote.com) receives about 182.3K visits a month and ranks #201,729 among all websites worldwide, #5,549 in Textiles.

  • Monthly visits
    182.3K

    ▼ 23% vs previous month

  • Unique visitors
    111K

    per month

  • Global rank
    #201,729

    among all websites

  • Category rank
    #5,549

    Business and Consumer Services · Textiles

Similar websites

Websites whose visitors overlap most with Dangote Group. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
forbes.com
100%
94.8M#628View details
dangcem.com
dangcem.com
99%
–––
en.wikipedia.org
en.wikipedia.org
96%
–––

Latest news on Dangote Group

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Similar companies to Dangote Group

10 companies that operate in the same segment as Dangote Group (Building Materials), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Construction materials and building products are supplied by Boral.
1946Sydney, New South Wales, AustraliaUSD 22.4 M––
Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products
1975Kanpur, Uttar Pradesh, India–USD 1.44 B11,790
Industrial and decorative paints are manufactured along with related solutions.
1942Mumbai, Maharashtra, India–USD 3.79 B33,600
Diversified building materials are manufactured and supplied worldwide.
1970Dublin, Ireland–USD 37.45 B79,800
Specializes in designing and manufacturing aesthetically pleasing bathroom solutions
1960Gurugram, Haryana, IndiaUSD 707.6 K––
Vectus is recognized as a leading manufacturer of water storage solutions in India.
1989Noida, Uttar Pradesh, IndiaUSD 16.92 M––
Glass products are manufactured for construction, automotive, and industrial sectors.
1985Delhi, Delhi, IndiaUSD 147.22 MUSD 212.02 M1,293
Piping systems are designed, manufactured, and distributed for multiple sectors.
2003Brussels, Brussels-capital Region, BelgiumUSD 260 M––
Developer of chemical products, construction & packaging materials, and water solutions
1802United States–USD 6.85 B24,000
Industrial tools and equipment are supplied globally by Kennametal.
1938Latrobe, Pennsylvania, United States–USD 1.97 B8,119
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Frequently Asked Questions about Dangote Group

Dangote Group was founded in 1981 and raised its 1st funding round 32 years after it was founded.

Dangote Group is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.

Aliko Dangote is the current CEO of Dangote Group. They have also founded this company.

Dangote Group is a funded company, having raised a total of $3.39B across 7 funding rounds to date. The company's 1st funding round was a Private Equity Round of $289.3M, raised on Jun 2013.

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.

Dangote Group's top competitors include RJ Corp, Promasidor and Danone.

Dangote Group offers Cement, Sugar Refining, and Fertilizer.

Dangote Group has made 1 acquisition, including Twister.

Dangote Group has 2 investors. Key investors include Olam Agro, and NNPC.

Dangote Group operates through Dangote Cement Plc.

Yes. Dangote Group was acquired by Olam Agro in April 2019.

The website of Dangote Group receives about 182 thousand visits a month and ranks #201,729 among all websites worldwide.

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