Holcim divests Zambian subsidiary to Huaxin Cement
Holcim has closed the sale of its business in Zambia, representing a 75 per cent stake in the company, to the Chinese cement group Huaxin for an enterprise value of US$150m for ...
East Africa
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Tanga port receives large clinker consignment
Tanzania’s Tanga port has received a consignment of 50,000t of clinker from Saudi Arabia, which is reportedly on transit to Prime Cement in Rwanda. Tanga Regional Commissioner, ...
Twiga Cement commissions rehabilitated cement mill
As part of the strategic development plan at Twiga Cement factory (HeidelbergCement group) has rehabilitated the cement Mill No 2 (CM2) at the plant. The project represents an i...
Lafarge Zambia reduces cement price by 5-10%
Lafarge Zambia has reduced the price of cement by 5-10 per cent from 30 October 2021. The price reduction was said to be inevitable due to the appreciation of the kwacha against...
Roof collapse at Lafarge Zimbabwe may impact performance
Lafarge Cement Zimbabwe has announced that a roof collapse at one of its cement mills is expected to have a negative impact on the group’s overall business performance in the fi...
HeidelbergCement agrees to 68% stake in Tanga Cement
HeidelbergCement has signed an agreement to acquire 68 per cent of the shares in the Tanzanian cement producer Tanga Cement. The step aims to strengthen its local business and c...
Kenyan sees record cement consumption in July
Kenya’s cement consumption grew to 726,823t in July, the highest in the last decade records the Kenyan National Bureau of Statistics. The record demand is linked to several ongo...
Tanga Cement sees net loss widen in 1H21
Tanzania’s Tanga Cement saw its net loss widen to TZS7.8bn (US$3.38m) in the first half of 2021, compared with a TZS5.2bn loss in the year-ago period. Around TZS2.6bn has been a...
West China Cement signs MoU for four projects worth US$800m
The government of Mozambique and West China Cement have reportedly signed a memorandum of understanding regarding four industrial investment and development projects, with a tot...
Zambia’s cement output up 5% in 2021
Cement production in Zambia in the first half of 2021 increased by five per cent to 1.2Mta, compared to 1.1Mta in 2020, according to data from the Ministry of Mines and Minerals...