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Dangote Group - About the company

Dangote Group is an acquired company based in Lagos (Nigeria), founded in 1981 by Mohammed Dangote and Alahaji Aliko Dangote. It operates as a Diversified conglomerate operating across multiple industries. Dangote Group has raised $289M in funding from NNPC. The company has 533 active competitors, including 4 funded and 135 that have exited. Its top competitors include companies like Ambuja Cements, Wonder Cement and ACC.

Company Details

Diversified conglomerate operating across multiple industries. It provides cement, sugar, salt & oil refining, packaging, and fertilizer services. It focus of becoming the leading provider of essential needs in food and shelter.
Social
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Email ID
*****@dangote.com
Phone Number
+234 **********
Registered Address
1, ALFRED REWANE ROAD, S/N, EX, 9707
Key Metrics
Founded Year
1981
Location
Lagos, Nigeria
Stage
Acquired
Total Funding
$289M in 5 rounds
Investors
Ranked
Employee Count
11,358 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Olam Agro (Apr 01, 2019)

Dangote Group's acquisition details

Dangote Group got acquired by Olam Agro on Apr 01, 2019 at an acquisition amount of $*****.
Click here to take a look at Dangote Group's acquisition in detail
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Dangote Group's funding and investors

Dangote Group has raised a total funding of $289M over 5 rounds. Its first funding round was on Jun 2013. Its latest funding round was a Unattributed round on Jun 29, 2021 for $*****. 1 investor participated in its latest round. Dangote Group has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Dangote Group:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 29, 2021
5304495
Unattributed
7012193
4115824
7247618
6561800
Jul 08, 2020
7392180
Conventional Debt
4410436
6819171
1468687
9535623
Jul 09, 2018
2205532
Conventional Debt
4261805
7610488
1223423
4746149
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Dangote Group's founders and board of directors

Founder? Claim Profile
The founders of Dangote Group are Mohammed Dangote and Alahaji Aliko Dangote. Alahaji Aliko Dangote is the CEO of Dangote Group.
Here are the details of Dangote Group's key team members:

Dangote Group's employee count trend

Dangote Group has 11,358 employees as of Mar 26. Here is Dangote Group's employee count trend over the years:
Employee count trend for Dangote Group
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Dangote Group's Competitors and alternates

Top competitors of Dangote Group include Ambuja Cements, Wonder Cement and ACC. Here is the list of Top 10 competitors of Dangote Group, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Dangote Group
Dangote Group
1981, Lagos (Nigeria), Acquired
Diversified conglomerate operating across multiple industries
$289M
60/100
2nd
Logo for Ambuja Cements
Ambuja Cements
1983, Mumbai (India), Acquired
Manufacturer of cement and other building materials
$1.45M
59/100
3rd
Logo for Wonder Cement
Wonder Cement
2007, Udaipur (India), Series A
Manufacturer of cement materials
$24.4M
59/100
4th
Logo for ACC
ACC
1936, Ahmedabad (India), Acquired
Manufacturer of cement and ready-mixed concrete products
-
56/100
5th
Logo for UltraTech Cement
UltraTech Cement
1983, Mumbai (India), Public
Manufacturer of grey cement, ready-mix concrete, and white cement
-
-
55/100
6th
Logo for Kanodia Cement
Kanodia Cement
2009, Noida (India), Funding Raised
Manufacturer of cement and concrete
-
-
54/100
7th
Logo for Ash Grove
Ash Grove
1882, Overland Park (United States), Acquired
Manufacturer of cements
-
-
53/100
8th
Logo for JSW Cement
JSW Cement
2009, Mumbai (India), Public
Manufacturer of cement, cementitious materials, aggregates, additives, and ready-mix concrete
$193M
53/100
9th
Logo for JK Lakshmi Cement
JK Lakshmi Cement
1982, Delhi (India), Public
Manufacturer of cements
-
53/100
10th
Logo for Sagar Cements
Sagar Cements
1985, Hyderabad (India), Public
Producer of cement
-
52/100
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Dangote Group's Investments and acquisitions

Dangote Group has made 1 investment in Hotels and acquired Twister and Twister.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Sep 2016
Acquisition
2003
Rijswijk (Netherlands)
Apr 01, 2016
Investments
2012
Lagos (Nigeria)
May 23, 2007
Acquisition
2003
Rijswijk (Netherlands)
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Reports related to Dangote Group

Here is the latest report on Dangote Group's sector:

News related to Dangote Group

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Media has covered Dangote Group for a total of 120 events in the last 1 year, 82 of them have been about company updates and 6 about people movement.
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FAQs about Dangote Group

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