COCMAG calls on members to uphold cement sector integrity
Cement manufacturers in Ghana are being urged to comply with fair trade practices in a bid to promote the cement industry and protect the integrity of the country’s constructio...
West Africa
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SONACIM names new MD and deputy MD
Elhadj Bineye Emma has been appointed the new managing director of Société Nationale de Ciment (SONACIM) in Chad by Decree 1319 of 23 May 2022. He will succeed Ahmat Issakha ...
IFC to fund Diamond Cement Guinea with US$30m loan
The International Finance Corporation (IFC) has agreed to provide a US$30m loan to Diamond Cement Guinea , a subsidiary of West African Cement (WACEM), to support the comple...
Norfund invests in Continental Blue Investments Ghana
Norfund, the Norwegian investment fund for developing countries, has made a US$7.5m investment in Continental Blue Investments Ghana Ltd (CBI) to support the company’s drive ...
BUA sees jump in profit following new plant
BUA Cement increased sales in the 1Q22 by 58.5 per cent to NGN97bn (US$233.4m) following the commissioning of its new 3Mta Kalambaina Line 4 . Other income surged seven time...
Lafarge (Wapco) Cement Plc records profit of NGN17.55bn in 1Q22
Nigeria’s third-largest cement producer, Lafarge (Wapco) Cement Plc , has released its 1Q22 unaudited results reporting a profit of NGN17.55bn (US$42.2m) during the period, r...
Senegalese cement sales see 6% upturn in January
In January 2022 Senegal’s cement market expanded 8.9 per cent when compared with December 2021 and 6.2 per cent when compared with January 2021, says the country’s National Age...
Empire Cement Ghana denies producing cement without a permit
Empire Cement Ghana Ltd, located at Weija, in Accra, Ghana, allegedly been producing and distributing cement without authorisation according to rival local cement manufacturer...
FLSmidth to supply World's largest calcined clay installation
FLSmidth has won an order to supply CBI Ghana Ltd’s cement plant outside of Accra in southern Ghana with the world’s largest clay calcination installation. The facility wil...
Benin government fixes new retail prices
To avoid significant market speculation around the price of cement, the Benin government set the retail price of cement by department on 23 March 2022. The price of cement is...