DR Congo: US$500m to relaunch Maiko cement plant
The Congolese government has freed US$250m to relaunch production at the former cement plant of Province-Orientale (CIPOR), Cimenterie de Maiko (CIMAIKO).
Dr Congo
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Central Congo cuts import tax by 50%
The provincial government of Central Congo, Democratic Republic of Congo, has lowered import taxes for grey cement by 50 per cent from CDF3000 (US$3.15) to CDF1500 per 50kg bag....
PPC
In the six months ended 31 March, 2016, PPC saw its group revenue dip by one per cent to ZAR4.5bn (US$294.01m). Group EBITDA was up by two per cent to ZAR1.1bn with an EBITDA ma...
PPC eyes longer-term growth outside of Africa
PPC has unveiled a new expansion strategy that envisages doubling the business every 10 years and growing beyond its traditional markets in Africa.
Lafarge Zambia to raise cement exports to DR Congo
Cement exports to the Democratic Republic of Congo (DRC) are expected to increase after Lafarge Cement Zambia Plc drew up an agreement with Zambia Railways Ltd (ZRL) to export 4...
AfDB mobilises US$60m loan for DRC cement project
The Nyumba Ya Akiba Cement project in the DR of Congo marked a significant milestone last week with the loan signing of US$135m.
PPC full-year cement sales rise 2%
South Africa's largest cement producer, PPC, reported a two per cent rise in cement sales for the full year to the end of September 2014, as growth in some of its sub-Saharan ma...
FLSmidth wins DR Congo plant project
FLSmidth has won a contract worth EUR68m from Nyumba Ya Akiba SARL to supply a complete package of equipment and engineering for a greenfield cement plant in the Democratic Repu...
Congo Rep to benefit from rising investment
The Republic of Congo is increasingly attracting foreign investment into its cement industry. By 2016 three further cement plants are expected to come online as the government a...
New DR Congo project set for financial close
Lucky Cement is in the process of negotiating finance terms and conditions with multilateral and financial institutions for a 1.8Mta cement plant in the DR of Congo. With most o...