Dangote Cement posted a record profit exceeding $700 million, according to Business Insider Africa. The Nigerian-based company reported strong performance driven by domestic sales and export growth.

Business Insider Africa reported that the company plans further expansion across key African markets as infrastructure demand increases.

The company has invested in logistics upgrades and cost-efficiency measures to maintain profitability amid economic volatility.

According to Business Insider Africa, Dangote Cement’s strategy reflects confidence in Africa’s long-term infrastructure growth.