Côte d’Ivoire amends cement standards to include dolomite
In Côte d’Ivoire the government has modified cement production standards to include dolomite. It will enable cement producers to reduce the cost of manufacturing cement. Curr...
West Africa
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Dangote Cement appoints new CEO
Dangote Cement Plc has named Arvind Pathak as the company’s new chief executive/managing director. Mr Pathak will replace Frenchman Michel Puchercos, who will leave his pos...
Dangote Cement receives CDP rating upgrade
Dangote Cement Plc has had its CDP rating raised from B- to B in recognition of the cement producer’s commitment to climate change. The rating upgrade indicates that Dangote ...
SOCOCIM Industries to arrange IFC loan for Kiln 6 project
Senegal-based SOCOCIM Industries (VICAT group) is organising a debt facility with the International Finance Corporation (IFC) to construct a high fuel-efficient Kiln 6. T...
Dangote Cement Senegal incinerates narcotics worth US$40m
Dangote Cement Senegal incinerated 300kg of cocaine at its Pout cement plant at the request of the defence and security forces on 3 December 2022. The governor of the...
Dangote wins three FMDQ awards
Dangote Industries Ltd and Dangote Cement Plc have picked up three accolades at the FMDQ Gold Awards - ‘Largest Corporate Bond Lodgment on FMDG’, ’Most Trusted Brand of the Y...
Foundation stone laid for Ciment Sahel Mali SA
Mahamoud Ould Mohamed, the Minister of Industry and Trade, laid the foundation stone for the new Ciment Sahel Mali SA cement plant, on 24 November 2022. Construction of the f...
Court halts production at Empire Cement
The Accra High Court in Ghana has put an injunction in place preventing Empire Cement from continuing cement production at its plant in McCarthy Hill or in any other location...
Dangote sees revenue advance 15% YoY in 9M22
Dangote Cement has reported group revenue of NGN1177.3bn (US$2.68bn) in the first nine months of 2022, up 15.2 per cent YoY. Group EBITDA over the same period advanced by 0.2...
Lafarge Africa posts 23% rise in revenue in 9M22
Nigeria-based Lafarge Africa has seen its net income expand by 11.2 per cent YoY to NGN44.9bn (US$102.1m) in the opening nine months of 2022. This compares to NGN40.39bn in t...