Dangote Industries Limited (DIL) has unveiled an ambitious Vision 2030 strategy designed to fast-track Africa’s industrialisation, deepen economic self-sufficiency, and invest in the continent’s next generation.
President of the Group, Aliko Dangote, said the long-term strategy is anchored on building Africa’s capacity to feed itself, power its economy, and develop human capital in a sustainable manner.
Outlining the Group’s expansion roadmap, Dangote disclosed that Dangote Cement plans to raise its production capacity to about 90 million tonnes annually by 2030, a scale that would position the company among the world’s most competitive cement producers.
“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.”
Under the Vision 2030 framework, Dangote said the Group aims to transform DIL into a $100 billion enterprise by 2030 through sustained industrial expansion, cross-border investments, and reduced dependence on imports in strategic sectors such as energy, manufacturing, and infrastructure.
He further revealed plans to expand the Group’s petroleum refinery capacity from 650,000 barrels per day to 1.4 million barrels per day, while increasing fertiliser production to 12 million metric tonnes per annum. The cement business, he added, remains on track to achieve its 90-million-tonne target by 2030—equivalent to producing 50 per cent more than Saudi Arabia’s total cement output.
According to Dangote, Vision 2030 is central to the Group’s “Africa First” philosophy, driven by the conviction that the continent’s future must be built by Africans.
“This vision is borne out of my firm belief that Africa’s future will be shaped by Africans who refuse to accept limits—people who dream big, work hard, and never stop believing in what is possible,” he said.
As part of its long-term commitment to human capital development, Dangote also announced a ₦1 trillion ($600 million) education fund, unveiled in December 2025, aimed at empowering young Africans.
“Empowering the next generation is essential to building the Africa we envision,” he said. “This fund represents a major investment in the young people who will drive the continent’s transformation in the decades ahead.”
