WIH Cement Developing Co Ltd to buy majority stake in CILU
WIH Cement Developing Co Ltd has agreed to purchase 1,574,904 shares of Cimenterie de Lukala SA (CILU) , which operates a 0.36Mta integrated cement plant in Lukala , near Kinsha...
Central Africa
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Cimpor invests EUR60m in gypsum plant in Cameroon
Cimpor Global Holdings has signed a landmark agreement with the Cameroon Investment Promotion Agency (API) for the establishment of a modern gypsum factory in Kribi, Cameroon. C...
BDEAC funds expansion of EGIN SA's cement production in Cameroon
The Development Bank of the Central African States (BDEAC) has announced in its 2023 annual report that it is financing the expansion of Entreprise Générale Industrielle SA (EGI...
Kinshasa cement prices surge on cement shortage
A lack of supply is driving up cement prices in Kinshasa, Democratic Republic of Congo. The price of a 50kg bag of grey cement has increased to XAF40,000 (US$67.91), up from XAF...
Mangesh Verma appointed as CEO of Cimerwa
Cimerwa Plc, Rwanda’s largest cement producer, has announced the appointment of Mangesh Verma as its new CEO. Mr Verma is a former general manager of commercial and operations a...
Dry season drives DRC price drop
The price of grey cement in Mbuji-Mayi, Kasai-Oriental province, Democratic Republic of Congo, dropped from US$30/bag to US$22-23/bag. The drop has been attributed to an abundan...
CIMERWA Plc acquires Prime Cement Ltd
Cement producer CIMERWA Plc has completed the purchase of Prime Cement Ltd. CIMERWA sent a notice to the Rwanda Stock Exchange (RSE) informing the regulator that it had finalise...
Congolese government raises cement price
Following requests from domestic cement producers, the government of the Republic of Congo has increased the prices of wholesale cement per tonne and retail cement per 50kg bag....
Congo's Tao-Tao plant project 45% completed
Work on the new Tao-Tao cement plant in the Niari department of Republic of Congo has been 45 per cent completed, according to Les Echos du Congo Brazzaville. The second plant i...
Gabon government issues cement price list
Gabon’s government has published a price list for cement bags, fixing the price of cement in accordance with the decree signed on 17 February by the Minister in State in charge ...