Ghana reports cement price increase
Ghana has reported a small rise in cement prices due to an increase in the cost of imported clinker in recent days. A bag of cement which was earlier sold for GHS38 (US$6.62) is...
West Africa
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Kalambaina Cement to launch second line in July
Nigeria's Kalambaina Cement (BUA Cement) is set to launch its 3Mta second line in July this year, which is expected to increase supply and stabilise the price of cement, accordi...
Lafarge Africa to install baghouse at Ewekoro
Nigeria’s Lafarge Africa has committed US$8m to change its current electrostatic precipitator to a baghouse at its Ewekoro plant. As a result, the company is planning to shut do...
Vicat announces FY20 sales of EUR2805m
Vicat announced FY20 sales of EUR2805m, up 5.5 per cent from EUR2740m in FY19. EBITDA rose to EUR557m, up by 10.1 per cent LfL and EBIT increased to EUR298m, a rise of 17.5 per ...
BUA Cement sees 19% revenue increase
Nigeria’s BUA Cement has seen a 19.3 per cent increase in revenue to NGN209.47bn (US$549.5m) in 2020, compared to NGN175.51bn in the previous year. Operating profit also climbed...
Société Ciment Côte d’Ivoire’s new plant inaugurated
Côte d’Ivoire’s Minister of Trade and Industry, Souleymane Diarrassouba, inaugurated the new cement plant of Société Ciment Côte d’Ivoire (SCCI) in the PK24 Industrial zone of A...
GCM to build 0.64Mta plant in Burkina Faso
General Community Management (GCM) Industries has started the construction of a 0.64Mta cement plant on a 7ha plot in the industrial zone of Kossodo, Burkina Faso. The first sto...
Cement prices cool in Mali
Following cement prices of XOF130,000/t (US$240.48/t) reported 10 days ago, the price of cement in Mali has been falling to XOF95,000-110,000/t, depending on the location. The p...
Lafarge Africa to sell 35% stake in Ghana operations
Following an emergency meeting of its Board of Directors, LafargeHolcim-owned Lafarge Africa Plc reached an agreement to offload its 35 per cent holding in Ghana-based Continent...
Nigeria: search for new markets Premium
While Nigerian cement volumes rose sharply in the 3Q20 amid the COVID-19 pandemic, there is limited room for strong volume and price growth. For the oligopolistic domestic cemen...