DMC prepares power supply for new project
Ethiopia-based Derba Midroc Cement (DMC) and Sinohydro Construction Ltd have signed an ETB330m (US$7.24m) contract for a power expansion project that will allow the factory to d...
Derba Midroc
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Al-Amoudi plans new Ethiopian ventures
Ethiopia’s biggest private investor, Mohammed al-Amoudi, plans to construct two more cement factories in the country, according to reports by Bloomberg. Saudi billionaire al-Amo...
Derba Midroc announces second-round of price cuts, Ethiopia
Newcomer to the Ethiopian cement sector Derba Midroc will announce another round of price cuts on wholesale cement, intensifying the price war on the local market. The 7500tpd D...