Dangote defends price criticism
Dangote Cement has defended recent criticism of its cement prices saying they are in line with or lower than prices across the rest of the West African coast, reports The Pun...
Nigeria
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BUA invests in technology to lower costs
BUA Cement has announced plans to invest in state-of-the-art technologies in a bid to reduce operating costs after reporting a 20 per cent increase in the cost of sales in th...
Dangote Cement appoints independent non-executive director
Dangote Cement Plc has appointed Alvaro Poncioni Mérian as independent non-executive director. Mr Mérian is founder and managing partner of EDNAM Capital, UK, and founder and...
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 environm...
Dangote reports 82% advance in pan-African revenue
Dangote Cement has reported total sales volumes of 13.4Mt in the first half of 2023. Its pan-African sales, which includes all cement plant operations outside Nigeria, came i...
BUA Cement posts 1H23 revenue of NGN221bn
BUA Cement of Nigeria reported revenue of NGN221,067m (US$284.9m) in the 1H23, up 17.2 per cent from the NGN188,562m recorded in the 1H22. Operating profits totalled NG...
Sudden rise in Nigerian cement prices
Cement prices in Nigeria have risen suddenly, reportedly driven by high inflation that advanced to 22.4 per cent in May. In some markets, a 50kg bag of cement has increased in ...
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 in...
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 ...
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. Pri...