House of Representatives summons Nigerian producers
Dangote Cement and BUA Cement are among a number of cement producers that have been given 14 days to appear before the House of Representatives in Nigeria. The companies we...
West Africa
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Ghana sees cement price hike
Cement traders are seeing price hikes despite stable fuel prices, according to Ghana Business News. All three grades of cement produced by Ghana Cement (Ghacem) have seen a...
Dangote Cement announces Philip retirement
Dangote Cement has announced the retirement of its Deputy Group Managing Director, Mathew Philip. Mr Philip retired from the cement producer on 30 April 2024, reports Busines...
BUA Cement CFO Jacques Piekarski resigns
BUA Cement 's Chief Finance Officer and Executive Director, Jacques Piekarski, has resigned. Mr Piekarski held the post since 2 October 2020 following a position as Group CFO ...
BUA Cement reports revenue growth in 1Q24
Nigeria-based BUA Cement has released its unaudited financial statements for the three months ended 31 March 2024. The company has posted revenue of NGN161,131m (US$114.4m) o...
Dangote reports 101% revenue surge in 1Q24
Dangote Cement has reported group revenue of NGN817.4bn (US$659m) in the first quarter of 2024, ended 31 March, marking a 101 per cent surge YoY. EBITDA advanced by 66.6 per ...
FLSmidth wins 5-year supervisory support agreement with SSBIL
FLSmidth will provide expertise and supervisory support to SSBIL for its operations and maintenance contract with Abayak Cement ’s plant in Akoga , on the mainland of Equator...
Strong start to 2024 for Senegal cement
Domestic cement sales in Senegal grew 3.3 per cent YoY in January 2024, coming in at 0.666Mt compared to 0.645Mt in January 2023, according to the country’s national statistics...
Dangote boosts revenue by 36% in 2023
Dangote Cement has reported revenue of NGN2.208trn (US$1.365bn) in 2023, up 36.4 per cent from the NGN1.618trn posted in the previous year. Operating profit over the same per...
Nigerian producers agree to lower prices
Nigeria-based Dangote , BUA Cement and Lafarge have agreed to lower cement prices in the country, despite rising production costs. According to This Day Live, the three ma...