Cheetah Cement Botswana to reduce country's cement imports
Cheetah Cement Botswana (Pty) Ltd, which includes investment from Chinese backers, has promised to play a crucial role in helping Botswana cut its cement imports to zero. B...
Africa
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BUA approves dividend and sets 2023 deadline for current expansion projects
BUA Cement Plc shareholders have approved dividends of NGN88.047bn (US$96.3m) for the financial year ended 31 December 2021 at NGN2.60k per ordinary share of 50k each. This a...
Mangal Industries Ltd performs plant groundbreaking ceremony
Mangal Industries Ltd has performed the groundbreaking ceremony of a greenfield cement plant in Iluagba, Kogi State, Nigeria. Mangal Industries had signed a US$600m deal wit...
CEMEX to clean Nile River
CEMEX has signed a three-year agreement to support waste removal efforts in Egypt’s Nile River. Some of the waste will be used as a more sustainable alternative to fossil fue...
MSG Group signs Berbera plant deal with Bedeschi
MSG Group of Companies through its Dubai based subsidiary company, Horn Holding Group Ltd (HHG), has signed an agreement with Bedeschi SPA for the construction of phase 1 of a...
CIMERWA posts 6M revenues of RWF44bn
CIMERWA Plc ( PPC Group ) has announced a RWF5.2bn (US$5m) net profit in the six months for the period ended 31 March 2022 with total revenue of RWF44bn, indicating a 45 per...
Cimencam orders two Gebr Pfeiffer mills
Cimencam ( 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 producti...
Lafarge Zimbabwe sells majority stake in its operations
Lafarge Zimbabwe is selling 76.45 per cent of its business to Fossil Mines Pvt Ltd. The Holcim group member announced on Monday that it was selling the majority stake in its ...
Sinai Cement reduces 1Q loss
Egypt-based Sinai Cement , owned by Vicat , has posted consolidated net losses after tax of EGP67.19m (US$3.6m) in the first quarter of 2022, an improvement when compared wit...
Misr Beni Suef Cement sees profits surge to EGP48m in 1Q22
Egypt-based Misr Beni Suef Cement reported net profits after tax of EGP47.65m (US$2.56m) in the 1Q of 2022, up from EGP37.42 in the 1Q21. The company’s revenues advanced to...