Dangote reports 15% rise in 9M EBITDA
Dangote Cement announced a 13.5 per cent rise in group revenues to NGN685.29bn (US$1.88bn) for 9M18 as sales volumes advanced 7.6 per cent to nearly 17.8Mt. Group EBITDA rose 14...
Republic Of Congo
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Dangote Cement Group's revenue up 16% in 1Q18
Dangote Cement group released its 1Q18 results and reported revenue up 16.3 per cent to NGN242.1bn (US$672m). This gives Dangote a market share of approximately 66 per cent. Gro...
Dangote Cement
Production is due to start at Dangote’s new 1.5Mta cement grinding plant in Bouansa, Republic of Congo, this month, according to the company. The US$300m facility will take the ...
US$55m loan for new Congo cement plant
The Republic of Congo and the Export-Import Bank of India have signed an agreement for a US$55m loan to finance a new cement plant in Mafoubou/Tao Tao village in the Niari depar...
Rep Congo: cement imports to continue
Following the domestic cement industry’s plea to end imports in to the Republic of Congo, the country’s Minister of Trade and Conumption, Landry Euloge Kolélas, said that haltin...
Rep of Congo: mechanism sought to halt illegal imports
Representatives from the domestic cement industry met with Minister of State, Minister of Economy, Gilbert Ondongo, this week to seek assistance from the Congolese government ag...
Rep of Congo: Cimenterie de Lukala to close down
Cimenterie de Lukala (CILU), located in the Republic of Congo, will be closing down due to “the unfair competition it has faced since December 2015”, according to its CEO, Ola O...
CIMAF to start up Rep Congo works in January
January 2016 will see the start of operations at CIMAF’s Hinda works in southern Republic of Congo, according to the country's Industrial Development and Private Sector Promotio...
Indian interest in Congo plant investment
The Republic of Congo is expected to add a further cement plant to its production base, according to local news service, Star du Congo. The president of India-based Seftech, Mah...
Diamond Cement’s new Congo works on track for 2Q15 start
The construction of Diamond Cement’s plant in Mindouli in the Republic of Congo is now around 40 per cent complete and is on-track for completion in the second quarter of 2015.