Turbulent times for Africa?
For the cement sector, turmoil has probably come to a head in many parts of Africa. Cement demand has slowed or fallen back into the red in many African countries, while overca...
Africa
396 posts · Page 29 of 40
Dangote Cement's group revenues slip 3% in 1H19
Dangote Cement Plc announced its unaudited results for 1H19 with group revenue reaching NGN467.7bn (US$1.291bn), down three per cent, and group EBITDA at NGN217.9bn, down 11.4 ...
Cemtech Middle East & Africa off to successful start
Over 200 delegates from the global cement industry have come together for Cemtech Middle East & Africa 2019, which is being held at the Grand Hyatt Dubai, UAE, between 17-20 Fe...
Intercem to supply new Kamsar grinding plant
Following the successfully-finished projects in Côte d'Ivoire and Burkina Faso, Intercem Engineering has been granted a new order in west Africa from Les Cimenteries de la Bass...
LafargeHolcim lines up Middle East Africa assets for US$8bn divestment
Just a week after closing the US$1.75bn divestment of Holcim Indonesia, LafargeHolcim is understood to be contemplating the sale of its Middle East-Africa business unit, acco...
Dangote forecast to increase market share in sub-Saharan Africa
The removal of tariffs and non-tariff barriers under the African Continental Free Trade Area (AfCFTA) will help Dangote Cement Plc’s expansion plans in sub-Saharan Africa and i...
GICA plans its first export shipment to west Africa
Algeria’s GICA has signed a maritime contract of carriage with CNAN Nord, a subsidiary of state-run shipping group GATMA, for the company’s first shipment of 10,000t of cement ...
Leading cement producers: 2017 overview
On the whole, 2017 was a year of growth for the world's leading cement producers. HeidelbergCement saw its revenues advance by 13.8 per cent YoY, while China's Anhui Conch repo...
Dangote receives approval to raise NGN300bn in local-currency bonds
Dangote Cement Plc has announced that it received approval from the Securities and Exchange Commission (SEC) and other regulators to raise NGN300bn (US$833m) in local-currency ...
Dangote Cement records 31% revenue increase in 2017
Dangote Cement Plc has announced its unaudited results for the full-year 2017 period, which show a 31 per cent YoY increase in revenue to NGN805.6bn (US$2.24bn) from NGN615.1bn...