Lagos State partners with Lafarge Africa on waste-to-energy initiative
The Lagos State Government has signed a Memorandum of Understanding (MoU) with Lafarge Africa Plc for the collection of non-recyclable combustible waste across the state and ...
Nigeria
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Dangote Chairman claims Nigerian government thrives on profitable private sector
The Chairman of Dangote Group , Aliko Dangote, has said the government is taking 52 per cent of its income from his company, Dangote Cement Plc. He cites the substantial priva...
BUA Cement drives industrial growth in Edo State
BUA Cement is transforming Okpella, Edo State, Nigeria, into a centre of industrial activity. Plans are underway to increase BUA Ceme...
Nigerian producers under pressure to reduce prices
The price of cement in Nigeria reached NGN10,000/bag (US$6.46/bag) at the start of 2025. Despite an agreement in January 2024 between the federal government and cement producer...
BUA Cement renews CEO's term for five more years
BUA Cement Plc has notified the Nigerian Exchange Ltd (NGX) and the investing public of the decision of its Board of Directors to renew the contract of employment of the Mana...
Lafarge Africa reports US$37m net profit in 9M24
Lafarge Africa Plc ( Holcim group ) of Nigeria as reported a profit after tax of NGN57.3bn (US$37m) for the nine months ended 30 September 2024, marking a 46 per cent...
Redecam Egypt complete Ewekoro upgrades
Redecam Egypt has successful completed the startup of its projects with Lafarge Africa Plc at Ewekoro plant in Nigeria. The accomplished tasks include the replacement of th...
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,...
West Africa’s self-sufficiency bid
West Africa spans 16 countries along the Atlantic coast and inland, including key players such as Nigeria, Ghana, Burkina Faso and Côte d’Ivoire, all part of the Economic Commu...
Holcim to sell Lafarge Africa PLC to Huaxin Cement
Holcim has signed an agreement with Huaxin Cement Ltd to sell its entire 83.81 per cent shareholding in Lafarge Africa PLC , at an equity value of US$1bn on a 100 per cent...