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 fo...
West Africa
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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) over...
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 cen...
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 Equatorial...
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 period...
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 manufact...
Mali's path to cement self-sufficiency
Set on expansion in west Africa, CIMAF announced this week that it had laid the foundation stone for its new grinding plant in Mali. Other cement producers have also targeted Ma...
Cement prices surge in Enugu, Nigeria
The price of cement has hit NGN13,000/bag (US$8.57) in Enugu, Nigeria, compared to around NGN5000/bag in January this year. According to Blueprint Newspapers, while Dangote Ceme...
CIMAF lays foundation stone for Mali plant
CIMAF laid the foundation stone for its new Mali factory on 9 February 2024 in Natien, a commune located in the Sikasso region. The Minister of Industry and Trade, Moussa Alassa...