Africa & The Middle East

Research conducted by Freedonia Group Inc. has suggested that demand for construction machinery US$218 billion in 2019, decelerating its growth pace.

A round-up of some of this week’s key news items from the international cement industry, from development and demand to the latest corporate updates.

The 1.5 million tpy plant will be located in Nacala and should be complete in 2018.

Qalaa Holdings is acquiring stakes in energy, cement and transportation companies from co-investor Financial Holdings International, as well as selling off stakes in non-core companies.

The recent price increase of around 10% is attributed to the continued depreciation of the cedi against the dollar.

The Nigerian cement company is reportedly adding 4 MW of power capacity to its existing 12 MW.

PPC is building a new clinker production line in Leichenburg. Meanwhile, Sinoma has ignited the new line at Dangote Cement’s plant in Zambia.

The issuance of the Final Acceptance Certificate signifies the end of the project, which was contracted to TCDRI.

Braime Elevator Components Ltd has changed its UK Registered name to 4B Braime Components Ltd.

Lafarge Africa has committed to investing N100 billion in the northeast of Nigeria, which has troubled by insurgents.

Meridian Port Services is investing in a new deep-water port and logistics hub in Tema.

‘Khaleeha Suessi’ will provide entrepreneurs with the tools they need to establish their own social start-ups.

Daniel Gauthier was elected as President of CEMBUREAU for a two-year term.

Dangote Cement is offering up 7000 trucks as part of a scheme that is expected to generate 28 000 jobs.

The award recognises those companies that have distinguished themselves in the conduct of their business.