FLSmidth signs contract for 5000tpd Ethiopian plant
FLSmidth has signed a contract with Abay Industrial Development SC for a greenfield cement plant near Dejen, Ethiopia. The order is valued at around EUR100m and includes the del...
Ethiopia
128 posts · Page 5 of 13
Dangote reports 15% rise in 9M EBITDA
Dangote Cement announced a 13.5 per cent rise in group revenues to NGN685.29bn (US$1.88bn) for 9M18 as sales volumes advanced 7.6 per cent to nearly 17.8Mt. Group EBITDA rose 14...
Ethiopia-Eritrea border re-opening fuels cement trade
Following the normalisation of Ethiopia-Eritrea relations and the reopening of the border between the two countries, cement trade is flourishing after two decades of stand-off. ...
Ethiopian cement industry faces persistent challenges
While the Ethiopian cement industry has expanded significantly and changed from being a net importer to a net exporter, the industry faces continued challenges, according to Hai...
PPC expects profit increase in FY18
South Africa’s PPC expects its net profit attributable to shareholders to increase between 55-65 per cent for the financial year ended 31 March, compared with ZAR93m (US$6.9m) o...
Gunmen kill Dangote Cement's country manager in Ethiopia
Deep Kamara, Dangote Cement’s country manager in Ethiopia, was killed by gunmen on Wednesday while returning to Addis Ababa from the facility which he managed in the country, ac...
A strong domestic market drives Dangote's 1Q18 results
This week Dangote Cement Group reported on its 1Q18 business results that saw group revenues surge up 16.3 per cent to NGN242.1bn (US$0.67bn). Cement sales in Nigeria have been ...
Dangote Cement Group's revenue up 16% in 1Q18
Dangote Cement group released its 1Q18 results and reported revenue up 16.3 per cent to NGN242.1bn (US$672m). This gives Dangote a market share of approximately 66 per cent. Gro...
Inchini Bedrock Cement is investigated for tax evasion
Ethiopia-based cement producer, Inchini Bedrock Cement Plc, is being investigated by the Office of the Attorney General for alleged tax evasion of ETB133m (US$4.8m) over the spa...
