Ralph Mupita joins Dangote Fertiliser board as company plans NGX listing.
Dangote Industries has appointed MTN Group Chief Executive Officer, Ralph Mupita, to the board of Dangote Fertiliser Limited, as the company prepares for expansion and a planned listing on the Nigerian Exchange (NGX).
The appointment was confirmed by Dangote Fertiliser’s Managing Director, Vishwajit Sinha, in an email response to Bloomberg.
The move is seen as a strategic step ahead of a proposed initial public offering (IPO), expected later this year. Dangote Fertiliser is seeking to strengthen its corporate governance and capital markets profile as it opens its ownership to public investors.
Dangote Fertiliser currently produces about three million metric tonnes of granulated urea annually from its $2.5 billion production facility in Lagos. The company aims to become the world’s largest fertiliser producer by 2028.
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Mupita brings strong capital markets experience, having led the 2019 listing of MTN Nigeria on the NGX. Since then, MTN Nigeria’s revenues have grown significantly, and the company has become one of the exchange’s most valuable stocks.
He has led MTN Group, Africa’s largest telecoms operator by subscribers, for over five years and previously held senior roles at Old Mutual. He is trained as an engineer.
Dangote has also disclosed plans to expand its Lagos fertiliser plant and begin construction of a new facility in Ethiopia, as it scales operations across Africa.
The appointment comes amid rising demand for agricultural inputs on the continent, driven by rapid population growth and low fertiliser usage. Analysts say large-scale producers could play a key role in improving food productivity across Africa.
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