• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Companies

Dangote Group, Chinese firm seal partnership agreement on infrastructure, others

Chike Olisah by Chike Olisah
February 1, 2026
in Companies, Company News, Corporate deals
Dangote Group, Chinese firm seal partnership agreement on infrastructure, others
Share on FacebookShare on TwitterShare on Linkedin

The Dangote Group has signed a strategic cooperation agreement with a leading Chinese construction and mining equipment manufacturer, XCMG Construction Machinery Co. Ltd, in a move aimed at strengthening infrastructure delivery, industrial capacity and green project development across Africa.

This was made known in a press statement issued by the Dangote Group and seen by Nairametrics, where it said that the two companies under the agreement will collaborate across multiple sectors.

These sectors include mining, petrochemicals, building materials, agriculture and infrastructure construction, leveraging their respective strengths to pursue joint growth and long-term value creation.

MoreStories

The case for clinical accountability: A response to Onikepo Braithwaite’s defence of Euracare 

The case for clinical accountability: A response to Onikepo Braithwaite’s defence of Euracare 

February 10, 2026
The future of banking in a global Africa 

The future of banking in a global Africa 

February 10, 2026

What the Dangote Group is saying

Dangote Group stated that it expects to get support from XCMG through its established African sales and service network, as well as facilitating visits of Dangote staff to China and providing logistical assistance.

It said, ‘’Dangote Group has entered into a strategic cooperation agreement with XCMG Construction Machinery Co. Ltd, one of China’s leading construction and mining equipment manufacturers, in a move aimed at strengthening infrastructure delivery, industrial capacity and green project development across Africa.

‘’As part of the collaboration, XCMG will support Dangote Group through its established African sales and service network, while also facilitating visits by Dangote personnel to China and providing logistical assistance.

‘’XCMG will deploy dedicated project teams to develop integrated equipment and service solutions for Dangote projects, particularly in open pit mining, petrochemicals, building materials and agricultural processing.’’

Dangote Group stated that the partnership also places strong emphasis on sustainability and innovation.

More on the deal

According to the statement, XCMG will deploy its capabilities in complete equipment sets, new energy technologies and intelligent solutions to support Dangote’s key projects.

Both companies will cooperate on the joint development of new electric equipment, promote environmentally friendly project benchmarks, reduce carbon emissions and lower operational costs.

‘’The agreement sets out a framework for closer cooperation based on mutual trust and shared development goals. Subject to applicable laws and policies, both parties will grant each other preferential consideration in projects arising from the partnership,’’ it added.

The deal reflects Dangote Group’s broader push to deepen industrial capacity across Africa through strategic global partnerships, while aligning with XCMG’s ambition to expand its footprint and service offering on the continent.

Some Initial partnerships

The Dangote Group has, in recent times, entered into some partnerships with some international firms to help improve on the reach of its business.

In August 2025, Dangote Industries signed a memorandum of understanding (MOU) with Japan’s Mitsui Chemicals for joint petrochemical production in Nigeria.

Under the MOU, Mitsui Chemicals will transfer technology for resins and fertilizers to the planned joint venture, which will utilize feedstock from Dangote’s Lagos refinery with a capacity of 650,000 b/d.

The partnership allows Dangote to enter the petrochemical sector using its own refinery’s raw materials, while Mitsui will leverage experience from its resin and PET production joint venture with Siam Cement Group in Thailand.

Dangote Group and Ethiopian Investment Holdings (EIH) had, in August 2025, signed a comprehensive shareholders’ agreement to develop, construct, and operate a $2.5 billion world-class urea fertiliser production complex in Ethiopia.

Under the partnership structure, EIH will hold a 40% equity stake while Dangote Group will maintain 60% ownership of the transformative project.

The group also signed a billion-dollar agreement with the Zimbabwean government for investments that cut across various sectors like cement production, mining, power generation, pipelines for petroleum products, fertilizer plant.

What you should know

Dangote Group, one of Africa’s largest diversified industrial conglomerates, operates across cement manufacturing, petrochemicals, fertiliser, agriculture, food processing, mining, ports and logistics in Nigeria and several other African countries.

The group is currently accelerating capacity expansion and regional market development as part of its strategic ambition to reach $100 billion in scale by 2030.

XCMG, a founding enterprise of China’s construction machinery industry, operates a global business spanning construction and mining machinery, agricultural equipment, emergency rescue systems and commercial vehicles.

The company maintains around 300 overseas dealers, 11 overseas manufacturing bases and KD plants, with products sold in more than 190 countries and regions. It is also pursuing a transition towards higher-end, intelligent and green manufacturing solutions.


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Chike Olisah

Chike Olisah

Chike was a banker with over 11 years experience in retail and commercial banking, risk management, treasury portfolio management and relationship management. He also acquired some experience in financial management and do have some special interest in investment analysis and personal finance. He had stints with financial institutions like the former Intercontinental Bank and Fidelity Bank.

Next Post
NGX ends the week positive as market capitalization gains N45 billion

NGX gains 6.27% in January 2026, Oil & Gas sector grabs spotlight 

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

access bank
nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics