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Africa & The Middle East

Lafarge calls for new railway

Chairman of the Lafarge Group, Hussein Mansi, has called for the introduction of a new railway line in Uganda to help boost production and lower the price of cement.

 
 
 
 
 

China Sinoma to construct cement plant in Iraq

China Sinoma International Engineering’s subsidiary Sinoma (Suzhou) Construction Co., Ltd has signed a contract, worth US$ 112.5 million for a cement plant in Iraq.

 
 

Lafarge may build new plant in Zimbabwe

Lafarge is waiting on the outcome of a feasibility study before deciding whether to expand its operations in Zimbabwe by building a new cement plant.

 
 
 
 

Africa’s Second Wind

A recent report by Frost & Sullivan indicates that a lack of infrastructure within Sub-Saharan Africa economies has continued to hamper economic growth and hinder the continent’s drive to be globally competitive and eradicate poverty. However, change is on the way.

 

Now here: November Regional Insight

Sub-Saharan Africa is expected to achieve economic growth of about 4% this year and 4.5% in 2011. As a recently published influential report states, “Better political and macroeconomic stability, a strengthened political commitment to private sector growth, and increased investment in infrastructure and education has made the growth possible”.