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 producers...
West Africa
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Senegal’s cement market contracts 8% in November
Cement sales in Senegal declined by 8.3 per cent YoY to 549,600t in November 2024 from 599,300t in November 2023, according to Senegal’s Planning and Economic Policy Directorate...
Togo announces cement standards
Togo's Standardisation Agency (ATN) announced the implementation of three cement standards to regulate the raw materials used, production process and characteristics of the fina...
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 Managin...
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 increase f...
SOCOCIM Industries secures IFC loan for decarbonisation
SOCOCIM ( Vicat group ) has been granted a green loan of CFA49bn (US$77.6m) from International Finance Corp (IFC) Africa, as part of the reduction of its carbon footprint. This ...
Senegal's cement market expands 2% in 10M24
Cement sales in Senegal advanced by 17.3 per cent YoY to 480,200t in September 2024 from 409,300t in September 2023 and by 3.6 per cent YoY to 536,700t in October 2024 from 517,...
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 the mai...
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 Premium
West Africa’s cement industry has undergone a rapid transformation, driven by surging consumption, ambitious infrastructure projects and significant capacity expansions. This an...