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. Th...
West Africa
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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 Continen...
Nigeria: search for new markets
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 ceme...
Cement price in Mali surges due to shortage
Cement is becoming an increasingly scarce product in Mali. As a result, prices have risen from XOF90,000/t to XOF125,000-130,000/t, according to MaliActu. In 2019 Mali had a...
BUA Cement sees growth in Nigerian market
This week, BUA Cement completed its NGN115bn (US$291bn) Series 1 corporate bond issue. The company is set on an expansion programme that will result in its production capacit...
Aumund wins order for OYAK Çimento plant
OYAK Çimento AS has awarded thyssenkrupp Industrial Solutions (France) SAS the project to construct a grinding station for calcinated clay and cement in Kribi, Cameroon, and Au...
BUA Cement completes NGN115bn Series 1 corporate bond issuance
BUA Cement Plc has successfully completed its NGN115bn (US$291bn) Series 1 corporate bond issue as part of its NGN200bn bond issuance programme. The development is the largest ...
Manufacturers to offer discounted cement for Nigerian housing project
Nigeria’s cement manufacturers have agreed to discount cement prices for the construction of houses under the federal government’s Economic Sustainability Plan (ESP). "They ha...
Mfamosing plant is presented with MANCAP product quality certificates
The Standards Organisation of Nigeria (SON) has presented the Mandatory Conformity Assessment Programme (MANCAP) product quality certificates to Lafarge Africa Plc, Nigeria's ...
BUA and Sinoma sign US$1.05bn project agreement
Nigerian cement producer BUA Cement Plc has signed an agreement with Sinoma CBMI of China to build three new cement plants with a capacity of 3Mta in Edo, Sokoto and Adamawa st...