BUA Cement posts 9.7% rise in net revenue in 1Q23
BUA Cement reports its net revenues rose by 9.7 per cent to NGN106.4bn for the quarter from NGN97bn (US$209.7m) in the same period a year ago. BUA Cement’s 1Q23 reven...
West Africa
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Lafarge Africa launches its Ewekoro bagging plant
Lafarge Africa ( Holcim group ) has launched a bag manufacturing plant in Ewekoro , Nigeria. The plant features cutting-edge and state-of-the-art machinery and equipment, ...
Lafarge Africa 1Q23 sales up 1.3% YoY
Lafarge Africa has reported a 1.3 per cent YoY uptick in net sales to NGN91,821m (US$199.4m) in the opening quarter of 2023. Recurring EBIT over the same period was up 0.8 pe...
BUA Cement revenue rises by 9.7% in 3M23
Nigerian-based BUA Cement reported a revenue increase of 9.7 per cent to NGN106.9bn (US$232.2m) for the the three-month period ended March 2023 from NGN97bn in 3M22. Op...
CIMAF orders polysius® booster mill
To reduce the clinker factor of cement produced in its plant of Ouagadougou, Burkina Faso, Ciments d'Afrique (CIMAF) has entrusted thyssenkrupp Industrial Solutions AG, BU ...
Fives to supply Sococim Industries with Novaflam® burner
Fives' double expertise in combustion and cement will be key to help Sococim Industries ( Vicat group ) reach its goal to increase the performance of its new cement plant line ...
BUA Cement's revenue increased by 40% in 2022
BUA Cement Plc of Nigeria reported that revenue increased by 40.3 per cent or NGN103.7bn (US$22 5.3m) in 2022 to NGN361bn from NGN257.3bn in 2021, given the combination of p...
Dangote Cement opens US$130m commercial paper offer
Dangote Cement is currently raising NGN60bn (US$130.7m) through the issuance of commercial paper, under its NGN150bn commercial paper programme, reports The Nigerian Observer...
Lafarge Africa sees net sales improve 27% YoY
Lafarge Africa Plc has reported a 27.3 per cent rise in net sales in FY22 to NGN373.2bn (US$812.9m), compared to NGN293.1bn in FY21. Recurring EBIT over the same timeframe ad...
Dangote Cement's corporate social responsibility work gains recognition
Dangote Cement has scooped a number of awards in Zambia and Senegal in recognition of its corporate social responsibility actions. In Senegal the Conseil National du Patr...