PPC's East African promise
PPC Ltd, southern Africa’s leading cement manufacturer, has increased its footprint in sub-Saharan Africa with its latest acquisitions in Ethiopia and Rwanda. With the two acquisitions, PPC’s sights are currently set on the east as the company aims to increase revenue streams from outside its traditional regions of South Africa, Botswana, Mozambique and Zimbabwe to 40 per cent by 2016. By PPC Ltd, South Africa.
PPC aims to grow into a leading emerging-market business, starting with sub-Saharan Africa. It plans to grow its revenue earned outside of South Africa from the current 20 per cent to over 40 per cent by 2016.
The company aims to target countries with high potential for infrastructure development, low per-capita cement consumption and those nations currently experiencing cement shortages.