Dangote Cement appoints new deputy group MD
Nigeria’s Dangote Cement has appointed Philip Mathew as its new deputy group managing director and CEO, with effect from 15 September 2021. Mr Mathew has 34 years of working e...
West Africa
417 posts · Page 32 of 42
BUA Cement signs 70MW Wärtsilä power plant agreement
BUA has signed an agreement with Wärtsilä OY of Finland for the construction of a 70MW dual-fuel power plant for the BUA Cement Sokoto Line 4 in Sokoto state, northwest Nigeri...
Intercem Engineering delivers InterHop
Intercem Engineering completes Côte d'Ivoire order for InterHop Intercem Engineering GmbH has delivered an InterHop for fast truck loading and dust-free operatio...
Fears Ghana's cement price will climb above GHS60/bag
Ghana's cement price is likely to continue rising and could surpass GHS60/bag (US$9.94) by the end of the year if some taxes and levies are not scrapped, say cement producers. ...
NOCIBE raises cement price
Nouvelle Cimenterie du Bénin (NOCIBE) will increase the price of cement from its plants from 1 September 2021. CEM II 32.5 R cement will cost XOF64,617/t (US$115.96/t), includi...
Dangote Cement announces NGN150bn commercial paper programme
Nigeria’s Dangote Cement has announced a new NGN150bn (US$364.84m) Commercial Paper Programme. The programme is expected to allow the company to broaden its funding sources and...
Lafarge Africa Plc announces 1H21 group revenues of NGN145m
Lafarge Africa PLC (Holcim group) announced 1H21 group revenue of NGN145m (US$351.9m) with gross profits of NGN48m. In the 2Q21, group revenue reached NGN73.5m and gross profit...
Ghacem plans construction of new 1.5Mta plant
Ghacem is preparing to begin construction for a new 1.5Mta plant in Kumasi, Ashanti region, which will serve the region and its surrounding areas. The MD of the Ghana-based c...
Dangote Cement sees 45% rise in revenue
Nigeria’s Dangote Cement has posted a 44.8 per cent YoY rise in group revenue to NGN690.55bn (US$1.676bn) in the first half of 2021, compared to NGN476.85bn in the year-ago per...
New entrants to help meet Nigeria's increasing cement demand
This week Nigeria has caught attention with announcements of new cement capacity. Not only has Dangote Cement cut the tape on its US$1bn cement plant near Okpella in Edo State,...