Halima Dangote, group executive director for the Dangote Family Office and its international offices in Dubai and London, said the conglomerate built by her father, billionaire Aliko Dangote, is pushing further into refined and processed goods as it looks to sell higher-margin products abroad rather than raw materials.
In an interview with Bloomberg’s Jennifer Zabasajja, Dangote said the group is broadening its portfolio well beyond its traditional strongholds of cement and sugar.
“On our core products and everything that we do, but we are really ready to diversify, we are diversifying,” she said. “You can see from cement, sugar, salt. We’re doing refined products and fertiliser.”
The strategy centres on capturing more value domestically before goods leave Nigeria, she said, rather than shipping out unprocessed inputs that are refined elsewhere.
“If you look at it, we want to export value. That’s what we want to do,” Dangote said. “We don’t
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