Ethiopia

128 posts · Page 3 of 13

DMC prepares power supply for new project

DMC prepares power supply for new project

Ethiopia-based Derba Midroc Cement (DMC) and Sinohydro Construction Ltd have signed an ETB330m (US$7.24m) contract for a power expansion project that will allow the factory to d...

Messebo Cement resumes operations

Messebo Cement resumes operations

Ethiopia’s Messebo Cement has now resumed production after suspending operations for four months due to fighting in the area. Melaku Alebel, Minister of Trade, has confirmed tha...

New cement project set to begin in Ethiopia

New cement project set to begin in Ethiopia

Lemi National Cement Industrial Complex, a new private industrial park, is set to be built in the Amhara region of Ethiopia by private investors, according to The Swazi Observer...

Mugher Cement Factory seeks production increase

Mugher Cement Factory seeks production increase

Ethiopia’s Mugher Cement Factory will boost production to increase its share of the market, according to Takele Uma, minister of mines and petroleum. The minister stated that th...

PPC delays FY20 earnings results

PPC delays FY20 earnings results

PPC of South Africa has delayed the release of its full-year earnings for a third time as it finalises its financing. The new date for the financial disclosure is now set for 5 ...

Dangote's 1H20 results see 2% revenue growth

Dangote's 1H20 results see 2% revenue growth

Dangote Cement reported group revenue up two per cent to NGN476.9bn (US$1.23bn) in the 1H20. Group EBITDA rose to NGN218.1bn and pan-African EBITDA increased by 31.6 per cent to...