BUA Cement to boost capacity with new plants in Edo and Sokoto
BUA Cement Plc is accelerating its infrastructure development with plans to build two major facilities aimed at expanding its production capacity and market reach. Managing Dire...
West Africa
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British Steel signs GBP70m Nigerian contract
The agreement will see British Steel supply 120,000t of steel to support modernisation projects at Tin Can Island and Lagos Apapa port. The contract is for 140mm rebar-type grad...
CBI Ghana officially opens calcined clay plant at Tema
CBI Ghana Ltd has officially opened its US$110m calcined clay production facility at the Tema Free Zones Enclave, a development expected to significantly reduce Ghana’s reliance...
Senegal government acquires 10 per cent stake in Dangote subsidiary
Dangote Cement has sold 10 per cent of its Senegalese subsidiary to the government, strengthening the state's participation in the strategic industrial sector while consolidatin...
Nigerian cement profits surge as export ambitions grow
Nigeria’s three largest cement producers — Dangote Cement , BUA Cement and Huaxin Cement-owned Lafarge Africa — have all reported strong financial results for 2025, reinforcing ...
Lafarge Africa surpasses NGN1trn revenue
Lafarge Africa Plc , a subsidiary of Chinese company Huaxin Cement , has reported net sales of NGN1.07trn (US$0.71bn) in 2025, up 53 per cent YoY, marking the first time the com...
Dangote Cement reports record NGN1.01trn profit in FY25
Dangote Cement Plc has reported record profit after tax of NGN1.01trn (US$0.67bn) for the year ended 31 December 2025, up 101.7 per cent from the previous year. Earnings per sha...
BUA Cement reports record revenue and 367% rise in PBT in FY25
BUA Cement Plc has reported record revenue of NGN1.18trn (US$0.79bn) for the year ended 31 December 2025, representing a 34.6 per cent increase from NGN876.5bn in 2024. Profit b...
Dangote Cement signs US$1bn deal with Sinoma to expand capacity to 80Mta
Dangote Cement Plc (DCP) has signed a US$1bn agreement with China’s Sinoma International Engineering to construct new plants and expand existing facilities across seven African ...
Cimencam appoints Rachid Yousry as new managing director
Cimenteries du Cameroun (Cimencam) has named Rachid Yousry as its new managing director, with the appointment taking effect from 1 February 2026, the company said following its ...