
Nigeria: Dangote and BUA face a rival answering to Hong Kong, not Lagos
n Cement makes a big move in Nigeria by acquiring Swiss company Holcim’s stake in Lafarge Africa © Holcim Published on July 20, 2026 at 09:42 am (GMT +1) When Huaxin completed its $1bn purchase of Holcim’s stake in Lafarge Africa last August, the deal was widely read in Lagos as a domestic fight: a third force entering to challenge the duopoly of Aliko Dangote and Abdul Samad Rabiu.
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