Cement News tagged under: Central Africa
Congolese government raises cement price06 February 2024, Published under Cement NewsFollowing requests from domestic cement producers, the government of the Republic of Congo has increased the prices of wholesale cement per tonne and retail cement per 50kg bag. The price of cement has increased by more than 50 per cent compared to the approved price as production costs have soared. Type 42.5N cement is now sold in Brazzaville at XAF90,000/t (US$147.78/t) and XAF4900/50kg bag. In Pointe-Noire the price is XAF88,000/t and XAF4700/bag. In certain parts of the country, such a... |
Congo's Tao-Tao plant project 45% completed18 April 2023, Published under Cement NewsWork on the new Tao-Tao cement plant in the Niari department of Republic of Congo has been 45 per cent completed, according to Les Echos du Congo Brazzaville. The second plant in the Niari region is expected to come online in 2024, following an agreement between the Congolese and Indian governments. Earlier, the company announced the construction of a 1.8Mta plant in Mafoubou. The new plant will have a cement capacity of 0.6Mta and enable the country to increase its production of cement. |
Gabon government issues cement price list24 February 2023, Published under Cement NewsGabon’s government has published a price list for cement bags, fixing the price of cement in accordance with the decree signed on 17 February by the Minister in State in charge of Industrial Development, and their colleagues in Economy and Commerce. Order No 0001-23 sets the selling prices per tonne and per bag of CEM II 32.5 and CEM II 42.5 for delivery ex-factory, distributors and retails in all provincial capitals of Gabon. In Akanda, north of Libreville, CEM II 32.5 and CEM II 42.5 ex-... |
Dangote sees revenue advance 15% YoY in 9M2201 November 2022, Published under Cement NewsDangote Cement has reported group revenue of NGN1177.3bn (US$2.68bn) in the first nine months of 2022, up 15.2 per cent YoY. Group EBITDA over the same period advanced by 0.2 per cent to NGN515.9bn, with an EBITDA margin of 43.8 per cent. Profit after tax fell 23.4 per cent YoY to NGN213.1bn, mainly due to exchange losses from the depreciation in the CFA and cede. Group sales volumes in the 9M22 came in at 20.8Mt, down 6.2 per cent YoY. “To mitigate the impact of significant increase in ... |
CIMAF Gabon to build clinker factory in Meba20 September 2022, Published under Cement NewsCIMAF Gabon is establishing a clinker factory in the Meba area of Gabon, 40km east of the capital. CIMAF’s project was announced at the prime minister's office on 13 September, with the signing of an investment agreement between the leaders of CIMAF and the Gabonese authorities. No further details were given at the time. The Moroccan owned company currently operates a 0.85Mta grinding plant in Libreville. |
Cameroon government lowers price of cement05 September 2022, Published under Cement NewsThe government of Cameroon has announced a decrease in the price of bagged cement. The drop comes in view of the country’s increasing cement production capacity, according to the Ministry of Commerce. As a result, the price of a bag of 42.5 R-grade cement will fall to XAF4800 (US$7.26) from XAF5100 in Douala and from XAF5400 to XAF5100 in Yaoundé. In terms of 32.5 R-grade cement, in Douala, the price will decrease to XAF4100 from XAF4600 while in Yaoundé the drop will be from XAF4900 to ... |
Mira SA plans 0.7Mta plant in Cameroon26 August 2022, Published under Cement NewsMira SA will soon launch the construction of an industrial cement plant in the north region of Cameroon. The XAF120bn (US$182.9m) project see the construction of a 0.7Mta clinker production unit. The completion of this project will make Mira SA the second-largest clinker producer in the region, behind Cimencam. In October 2021, the country's Prime Minister, Joseph Ngute, launched the construction of a new Cimencam plant in Figuil. This unit added 0.5Mt of cement to the company’s annu... |
Cimencam orders two Gebr Pfeiffer mills30 June 2022, Published under Cement NewsCimencam ( Holcim Group ) will expand production at its Figuil plant , Cameroon, and use Gebr Pfeiffer's MVR mills for grinding raw material and cement. The new production unit will expand the current cement capacity of 0.15Mta at the 40 year-old plant. With the new production unit, Cimencam intends to cover not only the needs of the three northern regions (extreme north, north and Adamaoua) of Cameroon but also the needs of border countries such as Chad and the Central African Republ... |
Cameroon prices rise as construction demand strengthens20 April 2022, Published under Cement NewsCement prices in Cameroon have risen in April to XAF6000-6600 (US$9.89-10.88)/50kg bag, past the November 2021 peak. The price rise is expected the help cement producers offset the impact of higher input costs. As of 22 March 2022, the average cement price rose by over 10 per cent MoM and by 11 per cent YoY, firming up as the cement sector enters a seasonally-strong period for construction activities. In addition, the government has increased its pace of awarding road construction projects. |
Kinshasa cement price increases28 March 2022, Published under Cement NewsThe price of cement in Kinshasa, Democratic Republic of Congo, has increased to CDF22,000 (US$11.02) from CDF17,500 a week ago. The increase has been attributed to the strong demand in the market and localised shortages. In Kasai Central province the Kalamba Mbuji-Kananga road has become impassible and SNCC has seen operational challenges. |