Dangote plans to enter Niger market
Dangote Cement plans to spend US$350m to build a new cement in Niger as part of the its African expansion drive. Speaking to press following a meeting with Niger President Issou...
Nigeria
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Sinoma wins new contract in Nigeria
Sinoma International announced that its wholly-owned subsidiary Sinoma Construction signed a US$276.9m general contract with United Cement Company of Nigeria for a new 6250tpd l...
Lafarge Cement WAPCO appoints new country CEO, Nigeria & Benin Republic
Lafarge Cement WAPCO announced the appointment of Guillaume Roux as the new Country CEO, Nigeria and Benin Republic, effective September 2013. He succeeds Jean-Christophe Barban...
Nigeria: CCNN requires NGN45bn for new line
A new 1Mta clinker line together with a coal grinding mill and accessories is likely to cost Cement Company of Northern Nigeria (CCNN) around NGN45bn (US$278m). CCNN intends to ...
Ashaka Cement appoints two new directors, Nigeria
Nigeria-based producer Ashaka Cement has announced the appointment of two new directors, the company said in a statement to the Nigerian Stock Exchange. The two new members are ...
Ashaka Cement first-half pretax profit falls 54.4%, Nigeria
Ashaka Cement reported a 54.4 per cent decline in first-half 2013 pretax profit to NGN1.65bn (US$10.3m) from NGN3.55bn a year ago. Turnover also fell to NGN11.81bn during the si...
Dangote sees 53% pretax profit rise, Nigeria
Dangote Cement plc announced a NGN107.7bn (US$670m) profit before tax for the first half ended 30 June 2013. According to the firm’s six-month financial result released to the N...
South African firm stakes NGN45.7bn on Dangote Cement
Public Investment Corporation of South Africa (PIC) Monday bought 255,607,605 shares or 1.5 per cent of Dangote Cement Plc for NGN45.75bn (US$0.29bn) from Dangote Industries. PI...
Nigeria government outlines savings from reduced imports
The decision by the Nigerian government to not issue cement import licences in 2012 and focus on meeting domestic needs internally has saved the country approximately
Dangote breaks ground on Tanzania plant
Dangote Cement has marked the next step of its impressive African expansion drive by laying the foundation stone for a new cement plant in Tanzania.