East Africa

322 posts · Page 16 of 33

Dangote revives plans to open Kenyan factories

Dangote revives plans to open Kenyan factories

While attending the inauguration of Kenya’s fifth President Dr William Ruto, Aliko Dangote revealed that he wants to revive plans for two new cement plants for Dangote Group in ...

Kenyan cement consumption grows by 18% in 1H22

Kenyan cement consumption grows by 18% in 1H22

Kenyan cement consumption grew 18 per cent in the half year ended June, driven by increased construction activities in the private sector that defied a surge in cement prices, a...

Ethiopia introduces new cement price regulation

Ethiopia introduces new cement price regulation

Ethiopia has announced a new cement price regulation to tackle the rising cost of cement products in the country. According to the Ethiopian Ministry of Trade and Regional Integ...

Bamburi Cement posts 88% drop in 1H profits

Bamburi Cement posts 88% drop in 1H profits

Kenya-based Bamburi Cement Ltd reported a profit of KES95m (US$0.79m) for the January-June 2022 period, 87.7 per cent down from KES776m in the 1H21. However, the group posted a ...

Ethiopian investor plans US$1bn cement plant

Ethiopian investor plans US$1bn cement plant

Worku Ayetenew, a wealthy Ethiopian investor, wants to build a US$1bn cement plant. Mr Ayetenew is seeking a partner for the new cement factory, while he has already requested t...

Devki Group plans 60MW wind energy plant

Devki Group plans 60MW wind energy plant

Kenya's Devki Group ( National Cement ) plans to develop a wind power plant in Kenya to try and mitigate electricity costs . The cement, steel and power group said in a disclosu...