Africa & The Middle East

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Canadian company, Fairfax Africa Investments, has withdrawn its offer for a partial stake in PPC, effectively ending the chances of a merger between South Africa’s two largest cement makers, PPC and AfriSam.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

Dangote Cement has commissioned its new Mfila cement plant in the Republic of the Congo.

Namibian cement producer, Ohorongo Cement, is to begin using tyre-derived fuels at its Sargberg cement plant.

Boosted by growth in Rwanda and Zimbabwe, as well as improved finance costs, PPC reported positive half-yearly results with a strong rise in net profits.

PPC has rejected a bid by Fairfax Africa Investments for a stake in the cement maker that would also have seen the company merge with rival, Afrisam.