Global Cement Report
Ethiopia
PDFFull Introduction ReportDownload HereEthiopia's government has set on a path of upgrading and expanding its infrastructure and housing. This is bound to enhance the country's demand for cement. Even now, local producers are grappling to turn out sufficient quantities of cement and imports are rising.
Country Research
-
PPC Ltd
21 May 2013In the six months ending March 2013, South Africa’s PPC Ltd saw its cement sales grow by six per cent. Revenue was up by eight per cent to ZAR3.81bn (US$408m), EBITDA rose by three per cent to ZAR...
-
PPC to construct new plant in Democratic Republic of Congo
17 May 2013PPC has announced plans to construct a 1Mta cement factory in the Democratic Republic of Congo, as part of the company’s plans to increase revenue streams outside South Africa to 40 per cent by 20...
-
PPC's East African promise
14 May 2013PPC 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 sigh...
-
Opportunities in new Africa
01 May 2013Africa is a land of opportunity, rich in potential and certainly the next challenge for many cement producers. The sub-Saharan region is changing rapidly and the race is on to be a part of the gro...
-
South African market challenges
08 April 2013Full-year data for South African cement sales released this week show that dispatches edged ahead in 2012, but the growth rate remained tepid. Producers will hope that the government's new infras...
-
Habesha Cement appoints new chairman, Ethiopia
11 March 2013Habesha Cement of Ethiopia has appointed a new chairman as well as new board members to reflect changes in the company's shareholding. Tamiru Wondimagegn has been appointed as Habesha Cement’s ...
-
Habesha Cement seeks project funding, Ethiopia
20 February 2013Ethiopia-based Habesha Cement has approached the Common Market for Eastern & Southern Africa’s (COMESA) PTA Bank in Burundi to source financing for its new cement project in Addis Ababa. Accordin...
-
Development Bank of Ethiopia withdraws Habesha Cement loan
31 January 2013The Development Bank of Ethiopia (DBE) has withdrawn an ETB1.52bn (US$82.9m) loan agreement made with Habesha Cement for construction of a new plant. The bank had approved the loan last year wh...