Tanzania: managing expectations Premium
Tanzania’s healthy GDP growth and government investment underpin expectations of further gains in cement demand. Following recent robust growth and capacity utilisation rates, c...
East Africa
322 posts · Page 7 of 33
WIH Cement Developing Co Ltd to buy majority stake in CILU
WIH Cement Developing Co Ltd has agreed to purchase 1,574,904 shares of Cimenterie de Lukala SA (CILU) , which operates a 0.36Mta integrated cement plant in Lukala , near Kinsha...
East African Holding signs MoU with Ethiopia's ECWC
East African Holding (EAH) has signed a Memorandum of Understanding (MoU) with the Ethiopian Construction Works Corp (ECWC) to strengthen Ethiopia's infrastructure development b...
Land dispute emerges over former East African Portland Cement Co property in Machakos
Landowners in Lukenya West, Mavoko, have called on the Kenyan government to halt developments on disputed parcels of land previously owned by East African Portland Cement Co (EA...
Holcim divests Bamburi Cement
Holcim has closed the divestment of its business in Kenya through a sale to Amsons Group of its entire 58.6 per cent stake in Bamburi Cement Ltd , resulting in cash proceeds of ...
Lemi National Cement Factory boosts Ethiopia's cement market
Ethiopia’s cement sector is poised for growth with the launch of Lemi National Cement Factory , the country’s largest cement facility. The factory boasts a production capacity o...
Nacala plant commissions new 3000tpd kiln line
Ciments de Moçambique ( Huaxin Cement group ) has celebrated the commissioning of the new kiln line at the Nacala plant , with a production capacity of 3000tpd. The commissionin...
PPC Zimbabwe warns of US$50m forex loss from cement imports
PPC Zimbabwe has warned that continued cement imports could cost the country US$50m annually in scarce foreign currency. The company's Managing Director, Albert Sigei, highlight...
Bamburi Cement is being fiercely fought over
Holcim's divestments in East Africa are resulting in a scramble to win shareholder approval for a successful bid to acquire its Kenyan subsidiary Bamburi Cement. Amsons Group an...
Mbeya Cement announce US$320m expansion
The Tanzanian government has signed an agreement with the Amsons Group to invest US$320m for the expansion of the Mbeya Cement plant and the construction of a new cement plant i...