Africa & The Middle East

The projects seek to achieve very low embodied CO2 footprint buildings using low carbon cement-based materials and locally available resources.

The company, a LafargeHolcim joint venture with CDC Group, is deploying 3D printing technology at scale to build affordable and low-carbon housing and schools in Africa, starting in Malawi.

Due to the challenges presented by the COVID-19 outbreak, Oman’s construction industry is set to decline by 10.3%, according to GlobalData.

In line with its commitment to improving literacy and developing human capital in Nigeria, Lafarge Africa Plc has launched a National Essay Competition for pupils in public primary and secondary schools in the country.

The company has invested in a number of biodiversity projects in order to mitigate the environmental impact of cement production.

Arab Swiss Engineering Company ASEC and the Sudanese producer, Al-Takamol Cement Company, have announced that they will sign a 3-year agreement for the operation and maintenance of Al-Takamol Cement Plant.

The company has been awarded with a new contract for the supply of a second cement grinding station to ACICO Cement, consisting of a complete cement mill workshop.

The company recently held a ‘groundbreaking’ ceremony triggering the start of the construction of its new US$30 million grinding unit in Duqm in Oman.

The company has shared its resilient financial results, boosted by a strong third quarter.

Recent news from the G20 Global Infrastructure (GI) Hub suggests that the Middle East and North Africa (MENA) region is one of the fastest growing regions globally for private investment in infrastructure.

The company has announced strong results in Q3 2020 with all regions showing increasing profitability.

The construction output growth forecast for the Middle East and North Africa (MENA) region for 2020 has been cut to -4.5% from the previous estimate of -2.4%, according to GlobalData.

The construction output growth forecast for Sub-Saharan Africa (SSA) in 2020 has been cut down to -4.9% from previous forecast of 0.7%, according to GlobalData.

GlobalData’s MEED reports that the shareholders’ decision to liquidate Arabtec highlights the troubles facing the Gulf’s construction industry and how Arabtec’s market value has descended over the past decade.

After a sharp decline in construction output in Q2, GlobalData forecasts a contraction of 14.3% in 2020 for South Africa.