The Niger government has approved the creation of a new cement company – La Nouvelle Cimenterie du Niger Diamond SA – with a planned production capacity of 0.54Mta, according to an official source.
The government says the CFA3bn (US$85m) project will help to stabilise market prices and ensure a regular supply of cement for Niger. It aims to bring Niger one step closer to self-sufficiency in cement. At present, the country has one cement works, Damnaz Cement Company, which has long struggled to meet its 0.08Mta design capacity. Diamond’s rated output would more than cover the market’s present needs, which are estimated at around 0.3Mta.