Lafarge Africa reports 63% revenue growth in 9M25
Lafarge Africa Plc has reported revenue of NGN780.48bn (US$0.53bn) for the first nine months of 2025, representing a 63 per cent increase from NGN479.49bn in the same period of ...
Lafarge Africa Plc
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Huaxin Cement is poised to be a major African player
This week Huaxin Cement Ltd again showed the strengthening influence of the Chinese in Africa's cement markets as it acquired the majority stake in Lafarge Africa PLC, Nigeria, ...
Lafarge Africa Plc announces 1H21 group revenues of NGN145m
Lafarge Africa PLC (Holcim group) announced 1H21 group revenue of NGN145m (US$351.9m) with gross profits of NGN48m. In the 2Q21, group revenue reached NGN73.5m and gross profits...
Lafarge Africa provides NGN500m intervention fund to alleviate COVID-19 challenges
In response to the COVID-19 pandemic, Lafarge Africa (LafargeHolcim group) has deployed a NGN500m (US$1.28m) intervention fund to provide medical infrastructure, food and essent...
Lafarge Africa PLC returns to profit in 2019
Lafarge Africa PLC has reported revenues of NGN213bn (US$551.5m) for the year ended 31 December 2019 as against NGN218bn in 2018. Operating expenses fell from NGN29.89m to NGN23...
Lafarge Africa Plc orders Loesche coal mill
Lafarge Africa Plc (LafargeHolcim) is erecting a new Loesche coal mill at its Ewekoro cement plant in Nigeria. The new mill will grind local lignite and petcoke. The mill has a ...
Two Nigerian producers to raise capital funding of NGN250bn
Nigerian cement producers Dangote Cement Plc and Lafarge Africa Cement Plc have launched new capital raisers which are scheduled to conclude in 4Q18. Dangote Cement is raising N...
Lafarge Africa plans to cut debt over the next 18 months
Lafarge Africa Plc plans to cut debt over the next two years as it seeks to boost profit before resuming expansion, according to the company’s chairman, Mobolaji Balogun. The co...
Lafarge Africa announces NGN34.3bn loss in 2017
Mobolaji Balogun, Chairman of Lafarge Africa Plc, on Wednesday said the overall drop in domestic cement demand was instrumental to the group’s NGN34.3bn (US$95.1m) loss before t...
Lafarge Africa records sales increase in 2017
A NGN33bn (US$105m) write-down on Lafarge Africa’s operations in South Africa and Nigeria resulted in a wider loss for 2017, according to Reuters. The one-off impairment charge ...