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NOTES TO THE CONSOLIDATED AND SEPARATE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER, 2016 17. Information regarding subsidiaries and associate 17.1 Subsidiaries Details of the Group’s subsidiaries at the end of the reporting period are as follows; Place of Name of subsidiary Principal Activity Dangote Cement South Africa (Pty) Limited Cement production Dangote Industries (Ethiopia) Plc Dangote Industries (Zambia) Limited Dangote Cement Senegal S.A Dangote Cement Cameroun S.A Dangote Industries Limited, Tanzania Dangote Cement Congo S.A Cement production Cement production Cement production Cement grinding Cement production Cement production Dangote Cement (Sierra Leone) Limited Dangote Cement Cote D’Ivoire S.A Dangote Industries Gabon S.A Dangote Cement Ghana Limited Dangote Cement - Liberia Ltd. Dangote Cement Bukina faso SA Dangote Cement Chad SA Dangote Cement Mali SA Dangote Cement Niger SARL Dangote Industries Benin S.A. Dangote Cement Togo S.A. Dangote Cement Kenya Limited Dangote Quarries Kenya Limited Dangote Cement Madagascar Limited Dangote Quarries Mozambique Limitada Dangote Cement Nepal Pvt. Ltd. Zambia Senegal Cameroun Tanzania Congo Gabon Proportion of ownership or incorporation voting power held and operation by the Group 31-Dec-16 31-Dec-15 South Africa 64.00% 64.00% Ethiopia 94.00% 94.00% 75.00% 75.00% 90.00% 90.00% 80.00% 80.00% 70.00% 70.00% 100.00% 100.00% Bagging and distribution of cement Sierra Leone 99.60% 99.60% Bagging and distribution of cement Cote D’Ivoire 80.00% 80.00% Cement grinding Bagging and distribution of cement Ghana Bagging and distribution of cement Liberia 80.00% 80.00% 100.00% 100.00% 100.00% 100.00% Selling and distribution of cement Burkina Faso 95.00% 95.00% Selling and distribution of cement Chad Selling and distribution of cement Mali Selling and distribution of cement Niger Selling and distribution of cement Benin Selling and distribution of cement Togo Cement production Limestone mining Cement production Cement production Cement production Kenya Kenya 95.00% 95.00% 95.00% 95.00% 95.00% 95.00% 98.00% 98.00% 90.00% 90.00% 90.00% 90.00% 90.00% 90.00% Madagascar 95.00% 95.00% Mozambique 95.00% 95.00% Nepal Dangote Zimbabwe Holdings (Private) Limited Cement production Dangote Cement Zimbabwe (Private) Limited Cement production Dangote Energy Zimbabwe (Private) Limited Power production Dangote Mining Zimbabwe (Private) Limited Coal production Dangote Cement Guinea SA Cimenterie Obajana Sprl- D.R. Congo Itori Cement Plc. Okpella Cement Plc. Cement production Cement production Cement production Cement production Dangote Takoradi Cement Production Limited Cement drinding Zimbabwe Zimbabwe Zimbabwe Zimbabwe Guinea Nigeria Nigeria Ghana 100.00% 100.00% 90.00% 90.00% 90.00% 90.00% 90.00% 90.00% 90.00% 90.00% 95.00% 95.00% D.R. Congo 98.00% 98.00% 99.00% 99.00% 99.00% - - - 186 Annual Report 2016

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