Titan Group recorded a significant increase in net profit in 2016 on the back of growth in the US and a recovery in Egypt.
Africa & The Middle East
Lafarge Africa has announced its results for FY16, reporting progress on its turnaround plan.
Rent-A-Drum has inaugurated its RDF processing plant, in partnership with Ohorongo Cement.
More Africa & The Middle East news
Nigeria-based Dangote Cement saw cement sales of 2 million tpy from its Mugher plant in Ethiopia – including some exports.
Heavy rainfall hit cement demand in South Africa in the first two months of 2017, while prices remain under pressure in the region on the back of capacity increases.
Dangote Cement appears to have pushed back plans to open cement production facilities in Kenya to 2020/2021 – but could continue to import into the East African country from its Ethiopian plant.