Cement News tagged under: Stanbic Bank

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Western Diamond Cement Ltd secures project loan, Ghana

10 May 2013, Published under Cement News

Stanbic Bank has closed a US$20.15m loan deal with Western Diamond Cement Ltd, part of the West African Cement SA (WACEM) Group, to build a cement production plant in the western region of Ghana. T he 1Mta cement factory will be located at Egyam Bokro near Takoradi and production is scheduled to start in 2014. Speaking at a signing ceremony in Accra, the Chairman of WACEM Group Manubhai Jethabhai Patel said the Group is committed to developing the natural resources of countries they o...