Dangote Cement Plc prefers to list its cement business in London rather than Dubai because it will be quicker to sell shares on the exchange in the UK, according to Mariya Dangote, a board member in the cement business.

The Nigerian cement giant, Dangote Cement Plc, has been evaluating potential listing venues for its operations. The company's board has determined that the London Stock Exchange offers a more efficient path to liquidity for shareholders compared to the Dubai Financial Market.

Mariya Dangote emphasized that the decision reflects practical considerations around transaction speed and market depth. The UK's established financial infrastructure and regulatory framework provide advantages for large-scale share offerings.

As Africa's largest cement producer, Dangote Cement Plc continues to explore strategic options to maximize shareholder value. The preference for London underscores the exchange's appeal for emerging market companies seeking international capital access.