CDC changes leadership at ARM to halt the decline
British development financiers CDC have brought in Sophia Bianchi and Rohit Anand as new directors at ARM Cement, to replace replaced Ketso Gordhan and Pepe Meijer, after seeing...
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CDC seeks ARM divestment
The Commonwealth Development Corp (CDC), the UK government agency that acquired a 42 per cent stake in ARM Cement, is reportedly in talks with several, mostly Asian, companies t...
LafargeHolcim inaugurates first dedicated Durabric plant in Malawi
One year after the launch of 14Trees, LafargeHolcim’s and CDC’s joint venture to scale-up Durabric, 13 July 2017 marks the next step in its development with the inauguration of ...
Kenya: CDC completes purchase of 40% stake in ARM Cement
ARM Cement has completed the sale of 40 per cent of its shares to CDC Group, a UK-owned development corporation, for KES14.1bn (US$139m), Capital Business reports. The investmen...
LafargeHolcim and CDC bring low-carbon building material to market
LafargeHolcim and CDC Group, the UK's development finance institution, have announced the creation of 14Trees, a joint venture that aims to accelerate the productdion and commer...