Displaying items by tag: Middle East and Africa

Kenya: Cement consumption rose by 27% year-on-year in January 2025, up by 4% in December 2024, according to provisional data from the Kenya National Bureau of Statistics. Cement production also grew by 21% year-on-year in January following more than a year of contraction. In the 12 months to January 2025, cement consumption fell by 5% year-on-year and cement production dropped by 6% year-on-year.

Uganda: Tororo Cement has condemned a counterfeit cement racket after authorities seized over 700 bags of fake product in Osukuru, Tororo District. Five suspects were arrested following the discovery of two warehouses storing the material.

Senior manager of logistics and utilities David Omaido warned that such activities damage the company’s reputation, and urged consumers to buy only from authorised dealers.

He advised buyers to verify authenticity using Uganda Bureau of Standards stamps and by checking that packaging is in 50kg bags. The company is particularly concerned about the origin of the counterfeit packaging.

Nigeria: The Senate has directed the Bureau of Public Procurement to halt the planned sale of Lafarge Africa to Chinese producer Huaxin Cement on ‘national security and economic sovereignty grounds’, according to the This Day newspaper. Concerns have reportedly been raised that the deal could lead to capital flight, job losses and reduced regulatory oversight over a sector vital to national development.

Holcim, which owns an 84% stake in Lafarge Africa, initially announced the company’s sale to Huaxin Cement for US$1bn in December 2024. The transaction is set to complete in 2025, pending regulatory approvals.

Senator Shuaib Afolabi Salisu said “We cannot afford to wake up one day and realise that our cement industry, one of the backbones of our economy, is entirely in foreign hands. We must ensure that strategic assets like Lafarge Africa remain in the hands of those who have the country’s best interests at heart.”

Senator Olamilekan Adeola said “The company is about to be divested and the transaction has been shrouded in secrecy. What the motion is simply asking for is that we want this transaction to be as transparent as possible. By the time the eventual sale of this company is done, we will be fully satisfied that Nigeria’s economy will be protected.”

Iraq: Gebr. Pfeiffer has won an order to supply a vertical roller mill for the Al Amir cement plant in Najaf. The MVR 5000 R-4 raw mill with SLS 4500 VR classifier will grind 500t/hr of cement raw material from a fineness of 10% R to 0.090mm, drying it from 12% to below 0.5% moisture. The mill will be delivered via China-based contractor Sinoma Suzhou. Commissioning is scheduled for the second half of 2026.

Nigeria: Dangote Cement has appointed Gbenga Fapohunda as its Group Financial Officer.

Fapohunda holds over 22 years of experience in financial management. He has worked for Dangote Cement since 2021 first as Regional Chief Financial Officer and then as the Acting Group Financial Officer from 2022. Before this he was the Executive Finance Director (West Africa) at Japan Tobacco International, Finance Director at United Parcel Service (UPS), Executive Finance Director at British American Tobacco. Earlier in his career, he was a manager within the financial advisory team at PricewaterhouseCoopers and worked at KPMG Professional Services within the Assurance Team. He holds a Doctor of Business Administration (Strategic Management) from the Rome Business School, a master’s of business administration (MBA) in finance from the London Business School and an undergraduate degree in accounting from the University of Lagos. He is a fellow of the Institute of Chartered Accountants of Nigeria.

Gabon: The Gabonese government and Ciments d'Afrique (Cimaf Gabon) have signed an investment agreement for the construction of a third cement production line. The US$41.1m project will increase Cimaf Gabon's cement production capacity by 1Mt/yr to 1.85Mt/yr.

Cimaf Gabon also holds a permit to exploit a major limestone deposit around Ntoum and will build a clinker production unit in the area, requiring more than US$148m in investment.

Cimaf Gabon’s general director Janah Idrissi El Mehdi said “This plant, located a stone's throw from Ntoum in the Estuaire province, will bring significant benefits to the entire region, particularly in terms of job creation (1400 in the project phase and 500 in the operational phase). It will contribute to improving the living conditions of the surrounding populations.”

South Africa: Cement producer PPC and independent power producer Yellow Door Energy (YDE) have signed a 24.5MWp solar power purchase agreement. The project will operate under a solar wheeling arrangement, delivering electricity from YDE’s Leeudoringstad solar park to PPC’s Slurry, Dwaalboom, De Hoek and Riebeek operations via the Eskom grid.

YDE will install over 20,000 panels, generating 57.5 million kW in the first year of operation and offsetting 59,800t of CO₂. The project includes a new 43km overhead electrical line connecting the solar park to the Eskom substation.

Tunisia: Wan Li, the Chinese Ambassador to Tunisia, has revealed that a ‘Chinese company specialising in the cement sector’ is preparing to acquire a cement plant close to the capital city Tunis. The value of the transaction is reported to be more than US$100m. If completed, it would be the first Chinese investment in Tunisia in the 2020s.

Li said "We are confident that this state-of-the-art company will introduce modern techniques and upgrade the plant's equipment, which will have a positive impact on the environment." He also assured that this acquisition will improve the productivity and efficiency of the cement plant.

Egypt: Misr Cement Group has announced an increase in its financial performance for 2024, reporting a net profit of US$5.4m. This represents a 136% increase year-on-year compared to 2023, when it made just US$2.3m. The company said that its growth underscored its successful cost optimisation, operational efficiency and market expansion policies, despite economic challenges.

Hassan Gabry, managing director and CEO of Misr Cement Group, said “The significant profit increase is a testament to the strength of our strategies and the efficiency of our management. We remain committed to expanding both locally and internationally while reinforcing our leadership in the cement industry across the region.”

Burkina Faso: Ibrahim Traoré, the President of Burkina Faso, inaugurated the Sino-Burkinabè Industrial Cement Company (CISINOB) in Laongo, Ziniaré on 20 March 2025. The grinding plant has a capacity of 0.75Mt/yr and cost US$43m. The unit will be expanded in a second later stage to reach a capacity of 1.2Mt/yr.