Cement News tagged under: Cameroon

RSS feed

US$69m loan for Equatorial Guinea cement plant

15 August 2016, Published under Cement News

The Equatorial Guinea government has been granted a XAF40.5bn (US$69m) loan by the Cameroon-based Common Savings and Investment Fund (CCEI) to build a cement plant in the west African state. The loan will be used for the purchase of production equipment, including raw material storage, laterite crusher and conveyors. Grupo Abayak SA will build a 0.5Mta cement plant in Akoga, reflecting a total investment of XAF162bn. The option exists to expand the works’ capacity to 1Mta.

Cameroon: Government hopes Mintom quarry will bring down cement prices

08 June 2016, Published under Cement News

The government of Cameroon has called on investors to help develop the Mintom limestone deposit, located in the country’s southeast, in the hope that this would lead to lower cement prices. According to Business in Cameroon, the Director of the Institute of Geological and Mining Research told business leaders last week that a quarrying operation in Mintom would lead to a fall in cement prices on the order of 50 per cent. Before 2015 Cameroon had only one cement producer, Cimenteries du...

New Cameroon plant agreement signed

21 January 2016, Published under Cement News

Mira Company has signed an agreement with the Cameroon’s Ministry of Industry and Technological Development to construct a 1Mta cement plant in Douala. The deal allows the Swiss engineering company to benefit from provisions in Cameroon’s law which offers incentives to private sector investors in the central African country. Shandong Design and Research Institute has reportedly been awarded the contract for the project. The plant is expected to be officially put into operation by the end o...

New Cameroon plant agreement signed

31 December 2015, Published under Cement News

The Switzerland-based Mira company is reportedly looking to construct a new cement plant in Douala, Cameroon, under an agreement signed with the government, local press have reported citing sources at the Ministry of Industry, Mining and Technological Development. According to the article published by StarAfrica, the company should benefit from the provisions on incentives for private investment in Cameroon. The new cement plant project is expected to have an initial capacity of 1Mta.

New 1Mta plant planned for Cameroon

29 December 2015, Published under Cement News

The Switzerland-based Mira company has announced plans to build a 1Mta cement plant in the city of Douala under an agreement signed with the government of Cameroon. For an estimated investment capital of over XAF32bn (US$53.56m), the new cement production plant will create an estimated 1600 direct and indirect jobs for an initial production of 1Mt of cement a year. This new plant will bring the number of cement plants already operating in Cameroon to five, including the Cameroon Cement (CI...

Medcem Cameroon starts production

02 November 2015, Published under Cement News

Medcem Cameroon, part of Turkey-based Eren Holdings, has commissioned its new plant in Yaoundé, Cameroon, after delays that saw the unit postpone the start of operations from March to June and October.  The company’s output is sold in 50kg bags, which retail at CFA4750 (US$7.97), according to local press reports.

CIMAF inaugurates Cameroon plant

30 October 2015, Published under Cement News

Ciment de l’Afrique (CIMAF), a subsidiary of the Addoha Group of Morocco, has opened its new factory in Cameroon. The new plant, located in the industrial area of Bonaberi in Douala, was inaugurated by the Prime Minister of Cameroon, Philemon Yang. Commissioning of the plant comes nearly a year after the start of cement production by the plant with a current capacity of 500,000tpa.

Dangote Cement

29 September 2015, Published under Cement News

Following a recent visit to Zimbabwe by Aliko Dangote, head of the Dangote Group, the company has announced plans to open a 1.5Mta grinding plant in the country. The plans have reportedly been approved by the Zimbabwean government with construction on the US$400m plant rumoured to begin in 1Q16. The news comes as the company celebrated the inauguration of its 1.5Mta grinding plant in Douala, Cameroon, and announced plans to begin work on phase two of the plant, doubling its capacity. The ...

Dangote opens grinding plant in Cameroon, Zimbabwe works on the cards

01 September 2015, Published under Cement News

Dangote Cement Plc has inaugurated its 1.5Mta cement grinding plant in Douala, Cameroon. In addition, the company laid the foundation for a 200m terminal in Base Elf area, of the Douala Port. President of the Dangote Group, Aliko Dangote, said he company has decided to begin work on the second phase of the plant, which will see the doubling of its capacity to 3Mta. Zimbabwe plans The company has also indicated its intention to open a US$400m cement plant in Zimbabwe with a capacity of 1....

Dangote Cement

18 August 2015, Published under Cement News

Dangote Cement has announced plans to construct a second cement plant in Cameroon, at a cost of US$150m. According to local press, the new factory will be located in Yaounde and will have a production capacity of 1.5Mta. Along with the company’s existing plant in Douala, this second investment will take Dangote’s total capacity in the country to more than 3Mta. With huge infrastructure investments in the pipeline in Cameroon and the surrounding countries, Dangote hopes the new plant will go ...