PPC Zimbabwe expects to repay legacy debt in FY22
PPC Zimbabwe has acknowledged the receipt of US$11.2m under a legacy debts repayment facility. The company had accrued a US$21m debt due to cash flows generated in the country b...
East Africa
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JK White Cement installs plant in Kenya
JK White Cement has installed a cement plant in Athi River, Kenya, to manufacture white cement, wall putty, plasters and tile adhesives. The company had been importing the produ...
Lafarge Cement Zimbabwe to double cement capacity in 2022
Lafarge Cement Zimbabwe (Holcim group) plans to double its cement milling capacity upon completion of the installation of a new vertical roller mill (VRM) in 2022. "The supply c...
Dangote Cement considers Mtwara expansion
Dangote Cement is reportedly considering an expansion of its Mtwara plant in Tanzania, as the domestic cement market expands. "We have come a long way and right now we are doing...
Scaling up for growth Premium
Cement producers do not just manufacture cement, they need to sell it too. So what happens when a new equity partner invests in the company with a plan to increase factory outpu...
Cimerwa announces 14% rise in revenue
Rwanda’s Cimerwa has announced a 14 per cent YoY increase in revenue to RWF30bn (US$30.07m) for the first half of the financial year, ended 31 March 2021. The company’s profit a...
Mozambique's cement price drop down to economics
The fall in the price of cement on the Mozambican market after the Chinese investment in a new factory, Dugongo Cimentos, in Matutuine district, was expected by the government, ...
Huaxin Cement plans US$160m investment in African expansion
Huaxin Cement plans to spend US$160m to purchase cement factories in Zambia and Malawi to expand its presence in Africa, according to a company statement. Huaxin Hainan Investme...
Zambezi Portland Cement allows retail purchases direct from plant
Zambia’s Zambezi Portland Cement has allowed the direct retail purchase of cement from its cement plant to reduce price exploitation in the market. The company’s CEO, Gomeli Lit...
Dugongo Cement plant inaugurated
Mozambican President Filipe Nyusi inaugurated the 2Mta Dugongo Cement plant, in the southernmost district of Matutuine, on Wednesday. The US$330m investment by the Chinese West ...