Aliko Dangote Retires as Dangote Cement Chairman, Ikazoboh Appointed

Alhaji Aliko Dangote, founder and majority shareholder of Dangote Cement Plc, announced his retirement as Chairman of the Board effective July 25, 2025, to focus on other major projects including the Dangote Petroleum Refinery, petrochemicals, fertiliser plants, and government relations. The Board appointed Emmanuel Ikazoboh, an independent non-executive director, as the new Chairman, while Hajiya Mariya Aliko Dangote was also appointed to the Board, bringing extensive experience in risk management and business strategy. Under Aliko Dangote's leadership, Dangote Cement grew to become Africa's largest cement producer, with a production capacity of 52.0 million tonnes per annum, expected to rise to 61.0 million tonnes with new plants in Côte d’Ivoire and Itori, Nigeria. The company recently recorded its highest financial performance, with a 17.7% rise in group revenue, a 41.8% increase in group EBITDA, and significant growth in profit before and after tax, alongside increased export volumes. Emmanuel Ikazoboh pledged to maintain high leadership standards and continue focusing on operational efficiency, sustainability, strategic expansion, and staff development. Mariya Aliko Dangote's appointment is expected to help keep the company agile and well-positioned for long-term value creation.