Dangote Cement's revenue rises 17% to NGN808bn in 1H22
Dangote Cement reported group revenue of NGN808bn (US$1.942bn) in the 1H22, a rise of 17 per cent YoY. Group EBITDA rose by 6.3 per cent to NGN373.2bn and profit after tax ...
West Africa
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BUA to expand Kalambaina plant
BUA Cement is reportedly in talks with the International Finance Corporation (IFC) over a loan to expand its integrated cement plant in Kalambaina, Sokoto State, Nigeria. Accor...
BUA approves dividend and sets 2023 deadline for current expansion projects
BUA Cement Plc shareholders have approved dividends of NGN88.047bn (US$96.3m) for the financial year ended 31 December 2021 at NGN2.60k per ordinary share of 50k each. This a...
Dangote Cement partners with UNEP
Dangote Cement has formed a partnership with the United Nations Environment Programme, the National Environmental Standards and the Regulations Enforcement Agency as part of ...
Mangal Industries Ltd performs plant groundbreaking ceremony
Mangal Industries Ltd has performed the groundbreaking ceremony of a greenfield cement plant in Iluagba, Kogi State, Nigeria. Mangal Industries had signed a US$600m deal wit...
Burundi: Dangote's next stop?
Dangote Cement Zambia’s CEO, Vipul Agrawal, has assured the Burundi government that its company will not only help to address the scarcity of cement in the country in the short...
Bagged cement price sees 22% rise in Côte d’Ivoire
The price of bagged cement in Niakara, Côte d’Ivoire, has increased by 22% to XOF110,000/t (US$177.53/t) from XOF90,000/t reported Agence Ivoirienne de Presse. "From now on, ...
Benin government caps cement price
The government of Benin has set a price cap on the price of cement with the new price ceiling dependent on the locality. The price is capped from 17 June 2022 for four months. ...
Ghana sees cement price rise
The price of a 50kg bag of cement in Ghana is to increase by more than GHS5 to reach GHS66 (US$8.30) from 15 June 2022. According to JoyBusiness, the country’s cement produc...
Foundation stone laid for Cimenterie Atlas
Colonel Assimi Goïta, interim president and the current head of state for Mali, laid the foundation stone for Cimenterie Atlas, a new grinding plant at Dio Gare, Koulikoro regi...