Kenya

354 posts · Page 19 of 36

CDC seeks ARM divestment

CDC seeks ARM divestment

The Commonwealth Development Corp (CDC), the UK government agency that acquired a 42 per cent stake in ARM Cement, is reportedly in talks with several, mostly Asian, companies ...

Kenyan producers  to cut cement prices

Kenyan producers to cut cement prices

Cement companies intend to lower their prices and achieve regional competitiveness following the reduction in local off-peak power prices. President Uhuru Kenyatta's directive ...

New cement plant to be built in Kilifi, Kenya

New cement plant to be built in Kilifi, Kenya

ARM Cement’s facility in Kilifi County is likely to face competition as Devki Group founder, Narendra Raval, plans to invest in the construction of a 0.75Mt cement plant in Mar...

Will ARM secure a firmer financial footing?

Will ARM secure a firmer financial footing?

The increasing trend of African sector mergers reflects the tightening economic pressures on African cement producers and their challenging prospects going forward. In the pas...

Quantum Global exits Savannah Cement

Quantum Global exits Savannah Cement

Following the receipt of regulatory approvals, Quantum Global Group has completed the sale of its stake in Savannah Cement. "We are delighted to have partnered with Savannah...