Africa & The Middle East

CEMEX reported a challenging year in its Asia, Middle East and Africa business on weakness in the key Egyptian and Filipino markets.

thyssenkrup are to supply a production line for a LafargeHolcim cement plant in Morocco.

Wärtsilä and Najran Cement Company renew three year agreement for the installation of two new power plants.

PPC, a South African cement producer, appoints permanent CEO.

LafargeHolcim is to supply customised cement for port construction projects in Ecuador and Morocco.

South Africa’s largest cement maker announced higher year-on-year revenues and earnings in the nine months to the end of 2017.

PPC’s pan-African operations delivered promising performance in 2017, with sales up in Rwanda and Zimbabwean and increased market share in DRC.

PPC’s South African business saw volumes fall in 2017, as demand in South Africa remains muted.

PPC has agreed a two-year capital repayment moratorium on the project finance loan for its recently-completed cement plant in the Democratic Republic of the Congo.

Ohorongo Cement has donated cement to assist the construction of permanent housing for members of the Shack Dwellers Federation Namibia.

PPC is to remain an independent company, after it rebuffed its final suitor, Swiss multinational, LafargeHolcim.

Canadian company, Fairfax Africa Investments, has withdrawn its offer for a partial stake in PPC, effectively ending the chances of a merger between South Africa’s two largest cement makers, PPC and AfriSam.

Ireland-based building materials multination, CRH, has dropped its interest in acquiring South African cement maker, PPC.

Dangote Cement has partnered with e-commerce platform, Jumia Nigeria, to offer sales of cement online.

Ohorongo Cement has won the Large Enterprises Services of the Year award at Namibia’s Annual National Quality Awards, reflecting its commitment to local production and quality.