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Dangote Industries Limited (DIL) has unveiled a far reaching Vision 2030 strategy that places industrial expansion, economic self-reliance and human capital development at the centre of Africa’s long term growth. The strategy underscores the Group’s ambition to play a catalytic role in accelerating the continent’s industrialisation while building sustainable foundations for future generations.
Speaking on the Group’s long term direction, President of Dangote Industries Limited, Aliko Dangote, reaffirmed that the company’s mission goes beyond commercial success to strengthening Africa’s ability to feed itself, power its economies and develop its people. He described Vision 2030 as a blueprint for positioning Africa as a globally competitive industrial hub driven by local capacity and African enterprise.
Central to the strategy is a major scale-up across Dangote’s core industrial sectors. Dangote Cement is targeting an expansion of production capacity to approximately 90 million tonnes by 2030, a move that would rank the company among the world’s most competitive cement producers and significantly boost Africa’s infrastructure supply chain.
Energy and agriculture also feature prominently in the Group’s growth plans. Under Vision 2030, Dangote Industries has announced plans to expand its petroleum refinery capacity from 650,000 barrels per day to 1.4 million barrels per day, alongside an increase in fertiliser production to 12 million metric tonnes per annum. These investments are aimed at improving energy security, supporting food production, and reducing Africa’s dependence on imports in strategic sectors.
Dangote noted that the combined impact of these expansions would not only deepen industrial capacity but also stimulate job creation, cross-border investment and regional value chains. The Group’s objective, he said, is to transform Dangote Industries into a $100 billion enterprise by 2030 through sustained industrial growth and an “Africa First” investment philosophy.
Beyond physical infrastructure, Vision 2030 places strong emphasis on people and skills development. As part of its long-term social and economic commitment, Dangote announced the creation of a N1 trillion education fund in December 2025, aimed at empowering young Africans with the knowledge and skills needed to drive the continent’s transformation.
“Empowering the next generation is essential for building the Africa we envision,” Dangote said, describing the education fund as a strategic investment in human capital and inclusive growth.
Anchored on the belief that Africa’s future will be built by Africans, Vision 2030 reflects Dangote Industries’ resolve to combine large-scale industrial development with social investment and sustainability. Through this approach, the Group is positioning itself not only as an industrial powerhouse, but also as a long term partner in Africa’s economic transformation and shared prosperity.
Beyond scale and valuation targets, Dangote Industries’ Vision 2030 is structured around creating lasting economic ecosystems rather than isolated industrial assets. The Group’s investments are deliberately designed to anchor local supply chains, stimulate small and medium sized enterprises, and reduce structural vulnerabilities that have historically constrained Africa’s industrial growth.
By expanding cement, energy, fertiliser and refining capacity across multiple African markets, Dangote Industries is positioning itself as a backbone for regional industrialisation. Increased local production is expected to lower input costs for construction, agriculture and manufacturing, while easing foreign exchange pressures associated with heavy import dependence. This approach aligns closely with the objectives of the African Continental Free Trade Area (AfCFTA), which seeks to deepen intra-African trade through value-added production rather than raw commodity exports.
The refinery and fertiliser expansions, in particular, are expected to deliver broad socio-economic benefits. Increased refining capacity will strengthen energy security, stabilise fuel supply and support downstream industries, while higher fertiliser output will improve agricultural productivity, food security and rural livelihoods across the continent. Together, these investments reinforce a development model that links industrial capacity directly to everyday economic outcomes for households and businesses