Cement News tagged under: Groupe Rawji

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DR Congo: CIMKO plant nears commerical production

04 October 2016, Published under Cement News

This October the US$270m CIMKO plant owned jointly by Lucky Cement and Groupe Rawji located 240km (150 miles) west of the capital, Kinshasa, will start producing cement and work towards its 1.2Mta cement capacity. The project has been financed by lenders including the African Development Bank, the International Finance Corporation, Denmark’s Export Credit Agency EKF and by Habib Bank Ltd. The Democratic Republic of Congo's Prime Minister, Matata Ponyo Mapon, said his government wi...

AfDB mobilises US$60m loan for DRC cement project

05 December 2014, Published under Cement News

The Nyumba Ya Akiba Cement project in the DR of Congo marked a significant milestone last week with the loan signing of US$135m. The 1.18Mta greenfield plant is a 50/50 joint venture between leading Pakistan cement producer Lucky Cement Ltd and Groupe Rawji, one of the DRC’s largest conglomerates. The project has attracted financial support from the African Development Bank (AfDB), Eksport Kredit Fonden (EKF, as guarantor to AfDB), Emerging Africa Infrastructure Fund (EAIF), Habib Ban...