Nigerian cement sector expands 16% YoY in 1H23
Three of Nigeria’s leading cement producers have reported combined revenue of NGN1.37trn (US$1788m) in the opening six months of 2023, despite the challenging business environme...
Lafarge Africa
87 posts · Page 4 of 9
Lafarge Africa's Roadcem gets government approval in Nigeria
Lafarge Africa ’s road cement brand Roadcem has been approved for use by the Federal Ministry of Works and Housing in Nigeria. The product which is environmentally friendly incr...
Lafarge Africa launches Eco Label
Lafarge Africa Plc (part of Holcim ) has announced the launch of its Eco Label branding to help communicate the environmental benefits of its sustainable building solutions and ...
Lafarge Africa appoints new CEO
Mr Lolu Alade-Akinyemi has been appointed group managing director/chief executive officer (GMD/CEO) of Lafarge Africa (part of Holcim ) with effect from 1 July 2023. Prior to th...
Lafarge Africa launches its Ewekoro bagging plant
Lafarge Africa ( Holcim group ) has launched a bag manufacturing plant in Ewekoro , Nigeria. The plant features cutting-edge and state-of-the-art machinery and equipment, the fi...
Lafarge Africa 1Q23 sales up 1.3% YoY
Lafarge Africa has reported a 1.3 per cent YoY uptick in net sales to NGN91,821m (US$199.4m) in the opening quarter of 2023. Recurring EBIT over the same period was up 0.8 per c...
Lafarge Africa sees net sales improve 27% YoY
Lafarge Africa Plc has reported a 27.3 per cent rise in net sales in FY22 to NGN373.2bn (US$812.9m), compared to NGN293.1bn in FY21. Recurring EBIT over the same timeframe advan...
Lafarge Africa posts 23% rise in revenue in 9M22
Nigeria-based Lafarge Africa has seen its net income expand by 11.2 per cent YoY to NGN44.9bn (US$102.1m) in the opening nine months of 2022. This compares to NGN40.39bn in the ...
What's driving Nigerian cement demand?
BUA Cement announced this week that it would seek finance from the International Finance Corp (IFC) for a 6Mta cement expansion of its Sokoto cement plant in Kalambaina, Nigeria...
Wartsila extends O&M agreement with Lafarge Africa
Wärtsilä has signed a five-year Operation & Maintenance (O&M) agreement with Nigeria's Lafarge Africa Plc. The agreement covers the 100MW Lafarge Ewekoro power plant and is an e...