News
Nigeria’s Dangote Cement is planning to increase its regional footprint in Africa to 66.4 Mta cement production capacity by 2030.
The company said that it accounts for 35% of the country’s cement sector exports, equivalent to 3.4Mt/yr.
During the Intra-African Trade Fair hosted by Algeria, major contracts were signed between Algerian and Libyan institutions.
Holcim has completed the divestment of its Nigeria business, selling its entire 83.81% shareholding in Lafarge Africa PLC to Huaxin Cement at an equity value of USD 1 billion on a 100% basis before dividend adjustments.
Nigeria’s Dangote Cement has become the largest cement company in Sub-Saharan Africa, operating in 10 countries.
Management of Dangote Cement has announced that it will commission the 3Mta grinding plant in Côte d’Ivoire by the third quarter of this year.
Lafarge Africa Plc announce financial results for the second quarter of the 2025 financial year.