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...
Ethiopia
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Ethiopia starts online cement sales
Cement customers in Ethiopia can now gain access to buying cement online with the start-up of Dumbulo Shopping Solutions. The online shopping platform founded by Dr Gemechu Wakt...
Ethiopia's cement prices begin to stabilise
Ethiopia’s Ministry of Trade and Industry has confirmed that cement prices have been stabilising in the country, as a result of regulatory measures taken by the Ministry, accord...
Abay Cement plant now 60% complete
The construction of Abay Cement Factory in Amhara, Ethiopia, is now 60 per cent complete and will commence operations next year, according to Samuel Halala, director of the Ethi...
Lack of foreign currency impacts Mugher productivity
A shortage of foreign currency is affecting the operations of Ethiopia-based Mugher Cement, according to Akalu Gebrehiwot, the company’s general manager. The company requires ar...
Ethiopian cement plants encouraged to turn to biomass
The Ethiopian government hopes that more cement plants will consider replacing their coal imports with locally-produced biomass to reduce foreign currency spending and cut carbo...
Dangote Cement clocks in with iris technology
Dangote Cement is keeping an eye on staff arrival and attendance with an iris recognition system to keep tabs on its 30,000 employees located in five countries in Africa. Dangot...
Dangote Cement sees volumes rise, revenues down in 1Q19
Dangote Cement reported increased volumes of 6.3Mt, up 2.3 per cent YoY, in the first quarter of 2019. However, group revenues slipped 0.8 per cent to NGN240.2bn (US$668m) and g...
Ethiopia: investing for a better future
Ethiopia's cement capacity is in the ascent. The sector has raised its cement capacity to approximately 17Mta, but domestic cement demand was just under 9Mt in 2017. In the mean...
Ethiopia: investing for a better future
Ethiopia's cement capacity is in the ascent. The sector has raised its cement capacity to approximately 17Mta, but domestic cement demand was just under 9Mt in 2017. In the mean...