Savannah Clinker Ltd outbids Amsons Group to acquire Bamburi Cement
Savannah Clinker Ltd (SCL), a Kenya-based construction materials company, has outbid Amsons Group to acquire full ownership of Bamburi Cement . On 28 August SCL announced t...
Kenya
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Bamburi Cement receives acquisition deal
Amsons Group, Tanzania's leading manufacturing and energy giant, has offered to acquire a 100 per cent share in Bamburi Cement of Kenya in a proposed US$180m deal. The off...
Kenyan cement demand drops 13% in 4M24
Cement consumption in Kenya fell 12.7 per cent YoY to 1,949,900t in the 4M24 from 2,234,200t in the 4M23, according to the Kenya National Bureau of Statistics (KNBS). The drop...
Kenya's cabinet approves sales of its share in East African Portland Cement
Kenya's cabinet has approved a government proposal to offload the 25.3 per cent share it holds in Kenya-based cement manufacturer, East African Portland Cement Co . This co...
Improvement in construction and real estate underpins rise in Kenyan cement demand
A steady advance in building and construction sector credit supported the expansion of the cement industry in the third quarter of 2023, according to the Kenya Bankers Associat...
Kenyan capacity to rise despite stagnant cement consumption
Kenya's cement sector is preparing for another cement capacity rise. Devki Group group's Cemtech Ltd subsidiary has submitted the environmental impact assessment report for a n...
EAPC recommissions Athi River plant
East African Portland Cement (EAPC) has recommissioned its Athi River plant in Kenya, boosting the company’s cement production capacity by 1Mta over the next two years, rep...
National Cement secures finance facility
Kenya’s National Cement has secured a KES4.3bn (US$33.1m) facility from Stanbic Bank Kenya to finance a debt undertaken to construct a new clinker plant in West Pokot , repo...
West Pokot clinker plant finally launched
The much delayed KES45bn (US$346.6m) Devki Group West Pokot clinker plant was finally launched on Monday by Kenya's President William Ruth. The new plant will process up to ...
East African Portland Cement begins second phase of Athi River upgrade
East African Portland Cement (EAPC) has commenced the second phase of its upgrading programme at its Athi River plant. The programme, which will involve a 25-day maintenanc...