Nigeria/UK: Dangote Cement has said that it prefers to list its cement business in London rather than Dubai, because it would be quicker to sell its shares, according to board member Mariya Dangote.
"It's compatible with our business. We thought of the secondary listing in Dubai, but it would have taken years to list,” she said.
Dangote Cement told the Financial Times in May 2026 that reduced minimum listing requirements from the UK’s Financial Conduct Authority had finally made it workable. The company intends to sell about 10% of its shares to outside investors while retaining its primary listing in Lagos. This will reportedly be completed by September 2026, subject to market conditions and regulatory approval, according to Billionaires Africa. Shareholders approved the plan at the company's 17th annual general meeting in Lagos on 2 July 2026, authorising the board to pursue a listing on the London exchange or any other recognised international market.