Dangote foresees market uptick in Cameroonian cement sector, cites infrastructure projects

Dangote anticipates an improvement in the Cameroonian cement market in the short term, thanks to infrastructure projects. The Cameroonian subsidiary of the Nigerian Dangote Cement group announces sales of one million tons of cement in the country during the first nine months of 2023. With this 1.6% year-on-year sales increase, the company claims 32.2% of a market estimated at 3.1 million tons during the period under review, according to the company’s estimations. Dangote Cement Cameroon hopes to boost its performance shortly, owing to the expected market improvement in local cement. “The ongoing construction of highways between Douala and Yaoundé, the…