Lafarge in Ashaka buy-out offer
Lafarge Africa has offered to buy out minority shareholders in Ashaka Cement Plc. The move follows the merger Lafarge Africa’s Nigerian and South Africa businesses, which receiv...
Lafarge Africa
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Nigeria: Lafarge develops 6th cement research centre
Nigeria will soon be joining France, China, Brazil, India and Algeria as host to Lafarge’s development laboratory, which is targeted at developing new solutions and business opp...
Lafarge Africa appoints two directors
Lafarge Africa Plc has appointed Adepeju Adebajo and Anders Kristiansson to the board of the company, as disclosed in a statement issued by the company to the Nigerian bourse. L...
Lafarge Africa 9M14 pretax profit drops 41.2%
Lafarge Africa said its pretax profit for the first nine months of this year dropped by 41.2 per cent YoY to NGN38.08bn (US$231m). Revenue, however, rose to NGN159.39bn from NGN...
Lafarge Africa completes consolidation process
Lafarge Africa Plc, formerly Lafarge Cement Wapco Nigeria Plc, has announced the completion of its acquisition of the Lafarge group’s shareholdings in Lafarge South Africa Holdi...
Ashaka Cement stake changes hands
Lafarge Group has sold 58.61 per cent of its stakes in Ashaka Cement Plc to Lafarge Africa Plc in a deal valued at NGN41bn (US$252m).
Lafarge Africa first-half profit rises 29% YoY
Lafarge Africa said its first-half profit rose 29 per cent to NGN17.75bn (US$109.61m), compared with NGN13.80bn in the same period of last year. Gross earnings rose to NGN55.35b...