11 November 2021
Guest Speakers: Ade Sun-Basorum: CEO, FoodCo, Nigeria
Olu Delano: Head of Client Coverage: Stanbic IBTC, Nigeria
Prenita Pahaladh: Global Markets Manager, Standard Bank Group
Dianna Games: CEO, SA-Nigeria Business Chamber
Topic: Discussed trends in the sector and the likelihood of recovery as the economy starts to slow tick up as Covid-19 retreats.
Nigeria’s Consumer Sector: Preparing for takeoff? (Webinar)
SA-NBC MEMBER HIGHLIGHT
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The Dangote Group
The Dangote Group is Nigeria’s leading industrial conglomerate, with operations across Nigeria and other African countries in a range of sectors including cement, sugar, salt, condiments, packaging, energy, port operations, fertilizer, and petrochemicals. It is one of Africa's leading indigenous conglomerates with three subsidiaries listed on the Nigerian Exchange Ltd.
Its subsidiary, Dangote Cement, invested in SA in 2008, taking a 45% stake in South Africa’s Sephaku Holdings for R3bn at the time to build and manage the company. It has increased its shareholding over the years and currently holds 64% of the shares in the JSE-listed
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