Medcem Cameroon increases share capital to XAF17.5bn
Medcem Cameroon (Eren Holdings) has increased its capital from XAF400m to XAF17.5bn (US$679,000 to US$29.7m).The increase has created 1.759m new shares with a nominal value of ...
Cameroon
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Dangote Cement
The first quarter of 2019 saw Dangote Cement report a 2.3 per cent YoY increase in volumes to 6.3Mt. Over the same period, however, group revenue declined by 0.8 per cent to NG...
Dangote Cement sees volumes rise, revenues down in 1Q19
Dangote Cement reported increased volumes of 6.3Mt, up 2.3 per cent YoY, in the first quarter of 2019. However, group revenues slipped 0.8 per cent to NGN240.2bn (US$668m) and ...
Cameroon cement industry reaches sales of XAF191.9bn in 2018
Cameroon’s four cement producers achieved a total turnover of XAF191.9bn (US$330.4m) in 2018, according to sources in the country’s tax administration. Market leader Dangote ...
Cimencam inaugurates 0.5Mta grinding plant
President Paul Biya of Cameroon inaugurates the Nomayos grinding plant On Tuesday this week, Cimencam (LafargeHolcim group) officially inaugurated the new Nomayos ...
Dangote Cameroon cement sales stable at 1.2Mt in 2018
Dangote Cement sold 1.2Mt of cement in Cameroon in 2018, reflecting stable sales when compared with the previous years, according to the Nigeria-based company. Dangote Camero...
Nomayos substation connects to grid for new Cimencam works
The new Cimencam cement works in Nomayos will be able to draw power from Cameroon’s transmission network from 5 March as the Nomayos electricity substation will be connected to...
Dangote reports 15% rise in 9M EBITDA
Dangote Cement announced a 13.5 per cent rise in group revenues to NGN685.29bn (US$1.88bn) for 9M18 as sales volumes advanced 7.6 per cent to nearly 17.8Mt. Group EBITDA rose 1...
LafargeHolcim on track to open new Cimencam plant in early 2019
Construction on the new Cimencam plant in Nomayos, Cameroon, is progressing well and the 0.5Mta works is on track for commissioning in early 2019, according to reports by Ecofi...
Cameroon to build fifth cement plant
Cameroon-based Engineering Construction Manufacturing and Trading Ltd (ECMT) has announced the construction of a cement plant in Ebolowa (south) for a cost of CFA15bn (US$26.7m...