1H20 results show regional impact of coronavirus on cement demand
This week, the cement industry majors have been announcing their business results for the first half of 2020. The business results of Dangote Cement, Cemex, UltraTech, Heidelber...
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This week, the cement industry majors have been announcing their business results for the first half of 2020. The business results of Dangote Cement, Cemex, UltraTech, Heidelber...
Dangote Cement reported group revenue up two per cent to NGN476.9bn (US$1.23bn) in the 1H20. Group EBITDA rose to NGN218.1bn and pan-African EBITDA increased by 31.6 per cent to...
Dangote Cement Cameroon appointed Bertrand Thaïs Mbouck as new managing director, succeeding Abdullahi Baba. In addition to postings within the group, Mr Mbouck has also served ...
Nigeria’s Dangote Cement exported its first shipment of clinker to Senegal during the weekend. The 27,800t shipment set off from the company’s terminal in Apapa Port, Lagos. "Th...
FLSmidth has entered into a frame agreement with the African conglomerate Dangote Industries to provide hot kiln alignment services to 16 Dangote kilns located in Africa. The si...
This week Dangote Group reported its 1Q20 results, which saw group sales volumes decline by 0.6 per cent with the onset of the coronavirus in March. ICR now looks deeper at the ...
Dangote Cement Plc reported a 3.8 per cent YoY increase in group revenue to NGN249.2bn (US$638.2m) for the first quarter of 2020 in its unaudited results for the three months en...
As part of its corporate social responsibility project, Dangote Cement Cameroon SA has handed over personal protection equipment (PPE) kits worth XAF100m (US$165,000) to the Cam...
Nigeria’s Dangote Cement is seeking to raise up to NGN100bn (US$257.23m) from the bond market, under its NGN300bn debt issuance programme. The funds from the company’s first off...
Sino Zimbabwe Cement has been forced to restrict its business after being outcompeted in export markets by Dangote Cement. Sino Cement has faced stiff competition in the export ...