A new cement plant has been launched by Lephema Executive Group in Lesotho in partnership with Lafarge.
Africa & The Middle East
Lafarge Africa Plc has recorded net sales of NGN162 billion for 1H18, NGN82 billion for 2Q18, and NGN72 billion for 3Q18
Investments from Ethiopia, Kenya, and Tanzania are expected to lead to a sharp growth in infrastructure construction.
A shortage of foreign currency is hitting Zimbabwean cement producers’ ability to maintain and run their plants, resulting in production shortages.
Lafarge Africa’s shareholders have approved the raising of NGN90 billion via a rights issues, as well the restructuring of existing short-term loans.
Global cement consumption is predicted to marginally decline following a reduction in Chinese demand
Vortex Global Ltd, a solids and bulk handling components company, has appointed ALRIAD International Agencies & Trading as its new representative agent for Egypt.
The company acted as the main cement supplier to the project, which is expected to provide irrigation water for 690 000 hectares of agricultural land as well as water and renewable energy to a number of cities.
Nigerian cement company, BUA Group, is to build a new cement plant in Ebonyi, Nigeria, as it continues its expansion in the West African country.
Lafarge Africa will install a new Loesche coal mill at its Ewekoro cement plant in Nigeria to facilitate its switch from gas to local lignite and petcoke.