Ethiopia: two new plants due to commence production in 2H14
Two new cement plants currently being implemented in Ethiopia are expected to begin production in the second half of this year, according to the director general of the Chemical...
Ethiopia
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Habesha secures 60-year mining license, Ethiopia
Ethiopia-based producer Habesha Cement has acquired a mining license from the Ministry of Mines (MoM), according to reports by Fortune. The agreement gives Habesha the right to ...
PPC
PPC has reported a two per cent rise in cement sales for the six months ending March 2014. Revenue came in at ZAR4.16bn (US$0.4bn), an increase of nine per cent on the same peri...
PPC
With construction already underway on its new 1.4Mta plant in Ethiopia, PPC will be hoping to cash in on the billions of dollars of public works projects being carried out acros...
PPC expansion on track
PPC has said its expansion remains well on track and commissioning of its Rwanda plant is anticipated at the end of 2014. Construction work has also commenced at sites in Ethiop...
Habesha secures letter of credit for new plant project, Ethiopia
Habesha Cement SC has secured a letter of credit (LC) for its Chinese contractor from the Eastern & Southern Africa Trade & Development Bank (commonly known as the PTA), Fortune...
North Holdings Investment Inc to construct Ethiopian plant
North Holdings Investment Inc, an Ethio-American company based in the US, is to build an 8.4Mta cement factory in the Amhara Regional State near Dejen town. Company president, T...
Habesha signs loan agreements to finance new plant construction, Ethiopia
Habesha Cement has signed loan facilitation agreements for the construction of a new 1.4Mta greenfield cement plant in Ethiopia.
Al-Amoudi plans new Ethiopian ventures
Ethiopia’s biggest private investor, Mohammed al-Amoudi, plans to construct two more cement factories in the country, according to reports by Bloomberg. Saudi billionaire al-Amo...