In light of an increased number of COVID-19 cases in the region and a slump in oil prices, GlobalData has cut its construction output growth forecast for the MENA region for 2020 to - 0.8%.
GlobalData has provided an update on construction news in the UAE.
The company is donating equipment including generators, ambulances and critical personal protection equipment (PPE) to help combat the COVID-19 pandemic.
The data and analytics company has revised its construction output growth forecast for Sub-Saharan Africa (SSA) in 2020 to 3.6%, down from the previous projection of 6% (Q4 2019 update).
The new cement plant in Kribi, Cameroon, is hoped to save 120 000 tpy of carbon dioxide emissions.
The company will supply the mill and the process design for CIMCO’s grinding plant in Lomé, Togo.
It has been announced that Vaka Building Materials & Hardware is now a franchisee of Lafarge Cement.
The company has had approvals from its board of directors to access the capital markets for medium-term debt funding.
Reuters has announced that Dangote Cement plans to start exports from its Congo Republic plants to neighbouring states.
The project is currently underway, with Bedeschi designing, executing and delivering each component.
Lafarge Africa comes in as the fourth-best Corporate Social Responsibility (CSR) and Sustainability company in Nigeria for 2019 in the Forbes Africa Awards.
The company forecasts what the new year will hold for the global construction industry.
A contract for a cement grinding plant in Togo has been awarded to Intercem by the CimMetal Group.
The Ministry has banned the issuance of permits to companies that want to set up cement processing plants in the country.
The plant is valued at US$ 14 million, with the capacity to produce 2000 bags of cement.