The downside of Dangote Cement's ambition
by Sid Verma, FT Tilt
Dangote Cement - the largest listed Sub-Saharan African company outside South Africa - posted a 9 per cent year-on-year increase in profit after tax for H1, marginally below expectations due to capacity constraints. The ambitious company needs to beef up its financial disclosure and clarify its production targets - fast, said analysts.
