Ethiopia: Dangote plant attracted with cheap power deal
Dangote’s decision to establish a 2.5Mta cement plant in Ethiopia was motivated by a government guarantee of cheap electricity, Muhammadu Sanusi, the Emir of Kano, has claimed a...
Ethiopia
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Dangote exports Ethiopian cement to Kenya
Kenya's cement market is now being supplied with cement from a new source as Dangote has started exports from its 2.5Mta Ethiopian plant to the east African country.
PPC
In the six months ended 31 March, 2016, PPC saw its group revenue dip by one per cent to ZAR4.5bn (US$294.01m). Group EBITDA was up by two per cent to ZAR1.1bn with an EBITDA ma...
Indonesia: Semen Indonesia looks to international markets
Amid prospects of disappointing revenue growth in the domestic market, Semen Indonesia is looking offshore to expand its sales figures. Newly appointed head of PT Semen Indonesi...
Iran: exporters look to Africa for new markets
Iranian cement producers are looking further afield as the impact of Iraq’s ban on imports shuts them out of their main export market, the Financial Tribune reports. The lifting...
Ethiopia: 32 mining licenses revoked
Ethiopia’s ministry of mines, petroleum and natural gas has revoked mineral exploration and production licenses of 32 companies due to lack of financial capacity and for failure...
Ethiopia: Dangote keen on further expansion
Speaking to Ethiopian news portal, 2Merkato, Aliko Dangote, announced the Nigeria-based cement group would expand its investment in Ethiopia. Aliko Dangote, the Nigerian billion...
Ethiopia: Derba plans US$300m expansion
Derba Cement, a MIDROC Ethiopia subsidiary, is planning to expand its cement plant at a cost of US$300m. The expansion project is expected to take from 18 to 24 months.
PPC eyes longer-term growth outside of Africa
PPC has unveiled a new expansion strategy that envisages doubling the business every 10 years and growing beyond its traditional markets in Africa.
Ethiopia: Messebo in solid AF supply agreement
The Egyptian Company for Solid Waste Recycling (ECARU), a subsidiary of Qalaa Holdings’ Tawazon, has signed a five-year contract with Ethiopia’s Messebo Cement to supply biomass...