In a surprising turn, Africa’s richest man, Aliko Dangote, has retired as Chairman of the Board of Dangote Cement Plc, effective Friday, July 25, 2025.
The announcement was made via a statement from company spokesperson Anthony Chiejina, who explained that Dangote will now focus his full attention on other core ventures, including the Dangote Refinery, Petrochemicals, Fertilizer operations, and Government Relations, in line with the group’s five-year strategic trajectory.
The board has appointed independent non-executive director Emmanuel Ikazoboh as the new Chairman. In his acceptance, Ikazoboh pledged to uphold the company’s legacy of resilience and innovation, promising a focus on operational excellence, strategic growth, sustainability, and community impact.
As part of the leadership reshuffle, Mariya Aliko Dangote joins the board, while Prof. Dorothy Ufot retires.
Dangote Cement, a flagship company in the group’s portfolio, is seen as a symbol of African industrial strength. This transition signals a new era for the cement giant, as Dangote doubles down on refining and energy to reposition Africa’s industrial future.
Dangote Steps Down as Chairman of Dangote Cement, Hands Over to Ikazoboh
