A partnership for Congo

Published 26 May 2015

Tagged Under: new capacity New plant 

After decades of poor growth, sub-Saharan Africa has finally launched itself on a path towards greater economic opportunity and development and is now considered the ‘new frontier’ for emerging-market investors. One project making headway in the high-growth market of DR Congo is the 1Mta Nyumba Ya Akiba integrated cement works, a joint venture between Group Rawji and Lucky Cement Ltd. By Nyumba Ya Akiba, DR Congo.

Work on Nyumba Ya Akiba’s preheater has started

Combined GDP growth for the African region is expected to be above six per cent per annum, according to the World Bank. Additionally, nine out of the 20 fastest-growing economies in the world are situated in Africa. These statistics make Africa an attractive market for investors despite challenges such as poor infrastructure and the absence of a strong banking system.

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