Dangote, China’s XCMG Seal Strategic Partnership on Infrastructure, Mining and Green Equipment
The Pan-Africa Conglomerate, Dangote Industries Limited has entered into a strategic cooperation agreement with XCMG Construction Machinery Co. Ltd, one of China’s leading construction and mining equipment manufacturers, in a move aimed at strengthening infrastructure delivery, industrial capacity and green project development across Africa. Under the agreement, the two companies will collaborate across multiple sectors including mining, petrochemicals, building materials, agriculture and infrastructure construction, leveraging their respective strengths to pursue joint growth and long-term value creation. Dangote Group, Africa’s largest diversified industrial conglomerate, operates across cement manufacturing, petrochemicals, fertiliser, agriculture, food processing, mining, ports and logistics in Nigeria and several other African countries. The group is currently accelerating capacity expansion and regional market development as part of its strategic ambiti...