Nigeria: Lafarge Africa, part of China’s Huaxin Cement, has posted a 35% year-on-year increase in sales for the 2025 financial year in what the company described as a ‘historic performance.’ It reported revenue of US$737m in 2025, an increase from US$568m in 2024.

The company’s profit after tax rose sharply by 30% from US$68.0m in 2024 to US$75.2m in 2025. The company attributed the robust performance to volume-led growth, enhanced plant stability, improved distribution efficiency, retail expansion and prudent financial management across its operations.

Lafarge Africa’s CEO Lolu Alade-Akinyemi, described the outcome as a validation of the company's strategic direction. Commenting on the fact that the company’s revenue had passed 1 trillion Nigeria Naira for the first time, he said “Our full-year 2025 results are a testament to the effectiveness of our strategy, disciplined execution and relentless focus on value creation. Reaching the ₦1Tn revenue threshold marks a historic turning point for our company.”

Looking ahead to 2026, the company projected a positive outlook, reaffirming its commitment to improving capacity utilisation, embedding sustainability across operations, and maintaining industry-leading health and safety standards.

US: Mexico-based Cemex has announced it has reached an agreement to acquire all the assets of the US stucco manufacturer Omega Products International, with the aim of strengthening its position in its northern neighbour. The transaction amount was not disclosed. However, Cemex stated that Omega generates approximately US$23m in operating cash flow annually.

“This transaction aligns with our growth strategy in the US, as it allows us to expand in the stucco market through a capital-efficient platform, with strong strategic synergies that significantly complement our cement, aggregates, and additives facilities in the Western United States,” said Jaime Muguiro, CEO of Cemex, in a statement. “Omega’s market leadership and specialised portfolio will accelerate value creation and strengthen relationships with key players in the construction ecosystem.”

The company expects to close the transaction in the first quarter of 2026.

Kenya: ARM Cement is moving to wind up its operations as administrators work to finalise liquidation proceedings, according to Capital Business. The company faces US$91m in outstanding debt and unresolved tax issues in Kenya, Tanzania, and Rwanda. Joint administrators Muniu Thoithi and George Weru said the closure will be managed carefully to settle outstanding liabilities, pay creditors and shut down its subsidiaries.

“In this regard, the liquidators will be engaging with the Kenya Revenue Authority (KRA) with a view to adjudicating upon and ultimately settling the dividends due in respect of these liabilities. We expect to resolve this matter by June 2026,” the administrators said in a report.

Most of ARM Cement’s tax matters in Kenya have been addressed, but the company continues to work with the KRA to confirm full compliance with insolvency laws. Outside of Kenya, remaining obligations involve the Tanzania Revenue Authority and the Rwanda Revenue Authority, linked to asset sales, including Kigali Cement in Rwanda.

Pakistan: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of Attock Cement Pakistan by Fauji Cement Company and Kot Addu Power following a Phase-I review under the Competition Act of 2010.

The buyers filed a pre-merger application on 3 February 2026 to acquire a controlling stake in Attock Cement from Pharaon Investment Group under a scheme of arrangement dated 30 January 2026. Completion of the transaction will give Fauji Cement and Kot Addu Power joint control of the listed cement producer.

The competition watchdog said that, although the deal involves a horizontal overlap between Fauji Cement and Attock Cement, the combined entity's market share would remain below the statutory dominance threshold. The commission concluded that the transaction is unlikely to create or strengthen a dominant position or substantially lessen competition, and authorised the deal under Section 11 of the Competition Act.