Cemex reports 6% revenue decrease in 1H25
Cemex posted a five per cent decline in sales to US$4126m in the 2Q25 from US$4357m in the 2Q24. On a like-for-like (LfL) basis the decrease was four per cent. Operating EB...
Africa
396 posts · Page 6 of 40
Huaxin - turning tired African plants into industry leaders
Huaxin Cement is making an impact in Africa. The Chinese cement producer is revitalising and modernising its overseas portfolio. In recent weeks, it has transformed the former...
Afrimat Construction Index for 1Q25 weakens
South African-based Afrimat announced that its Construction Index (ACI) for the first quarter of 2025, compiled by economist Dr Roelof Botha, recorded a YoY a decline of 2.6 pe...
Schwenk Zement International still pondering Nambian market exit
Schwenk Zement International GmbH & Co KG, is still desperate to exit Namibia barely 10 years after investing in a state-of-the-art factory, according to local press reports. ...
Cimencam opens Figuil plant expansion
The inauguration of Cimencam 's new plant, Cimencam Figuil (CIMFIG), took place on 12 June in northern Cameroon under the high patronage of Paul Biya, president of the Republi...
Lafarge Africa facing lawsuit over planned Chinese sale
Lafarge Africa Plc has failed in its efforts to prevent the hearing of a lawsuit brought by a Nigerian company and shareholder attempting to stop its sale to Chinese company...
BUA and Dangote freeze cement prices for Government project
Chairman of BUA Group , Abdul Samad Rabiu, on Thursday announced that the company has agreed to freeze the price of cement for all contractors engaged in projects under the Fe...
Afrimat posts 37% revenue rise, but cement segment incurs losses
Afrimat recorded a group revenue rise of 36.7 per cent to ZAR8.3bn (US$454.6m) for the year ended 28 February 2025 from ZAR6.1bn, with the inclusion of the Lafarge business ...
West China Cement subsidiary acquires Cimenterie de Lukala
West China Cement Ltd has announced a discloseable transaction involving the acquisition of additional equity interests in Cimenterie de Lukala SA (CILU) in the Democratic Re...
Mbeya Cement Co announces its first Tanzanian CEO
Mbeya Cement Co Ltd has appointed Mr Ahmed Mhada as the company’s new CEO. Mr Mhada joined the company as Chief Financial Officer in April 2020. He has 15 years of experience...