Africa

396 posts · Page 37 of 40

 Angola to ban cement imports in 2015

Angola to ban cement imports in 2015

Angola has banned the import of cement in 2015 with the country having achieved self-sufficiency in terms of cement production but has set a quota of 150,000t for three outer-l...

Ciments de L’Afrique awards grinding contract

Ciments de L’Afrique awards grinding contract

Ciments de L’Afrique has awarded the contract for a new cement grinding plant to CEMTEC which will be established at the cement producer’s existing facility 15km outside of Abi...

Lafarge to acquire complete control of Unicem

Lafarge to acquire complete control of Unicem

Lafarge Nigerian Cement Holdings said on Monday it had entered into an agreement with Flour Mills of Nigeria to purchase a 30 per cent stake in United Cement Company of Nigeria...

Lafarge Africa 9M14 pretax profit drops 41.2%

Lafarge Africa 9M14 pretax profit drops 41.2%

Lafarge Africa said its pretax profit for the first nine months of this year dropped by 41.2 per cent YoY to NGN38.08bn (US$231m). Revenue, however, rose to NGN159.39bn from ...

Lafarge Africa completes consolidation process

Lafarge Africa completes consolidation process

Lafarge Africa Plc, formerly Lafarge Cement Wapco Nigeria Plc, has announced the completion of its acquisition of the Lafarge group’s shareholdings in Lafarge South Africa Hold...

Raysut signs Somaliland jv terminal project

Raysut signs Somaliland jv terminal project

Omani producer Raysut Cement has announced that it has agreed a deal with Barwaaquo Cement of Somaliland to operate a joint venture terminal for the packaging and distribution ...

Aganang works to launch clinker production

Aganang works to launch clinker production

Sephaku Cement has completed the commissioning of the clinker production facility at Aganang, South Africa, and is ready to commence production, the company said in a statement...

Bamburi posts first-half pretax profit drop

Bamburi posts first-half pretax profit drop

Bamburi Cement posted a 28 per cent drop in first-half pretax profit to KES2.3bn (US$26.2m) from KES3.2bn a year earlier. The Lafarge group company attributed the decline to ri...

Lafarge Africa first-half profit rises 29% YoY

Lafarge Africa first-half profit rises 29% YoY

Lafarge Africa said its first-half profit rose 29 per cent to NGN17.75bn (US$109.61m), compared with NGN13.80bn in the same period of last year. Gross earnings rose to NGN55.3...