News

CIMERWA Plc had signed a quarry license agreement with the Rwanda Development Board and the Rwanda Mines, Gas and Petroleum Authority which allows them to invest $190 million to build a ‘clinker’ factory in Musanze District.

Romania’s minister of economy, Radu Miruta, announced that he has requested the European Commission to examine the possibility of restricting cement imports from outside the European Union, citing concerns of unfair competition raised by local producers.

The inauguration of the Central Africa Cement SA (CAC) cement plant in in the Edéa 1st represents a major step forward in the strategy of industrialization and local transformation of the country's mineral resources

Cemento Yura, a subsidiary of Grupo Gloria, has sold its 19.71% stake in Chile’s cement producer Cementos Bio Bio (CBB) to Belgium’s Carmeuse Holding for more than US$100 million. 

First Deputy Prime Minister Denis Manturov and Minister of Foreign Affairs of the Republic of India Subramaniam Jaishankar held the 26th meeting of the Intergovernmental Russian-Indian Commission on Trade, Economic, Scientific, Technical and Cultural Cooperation in Moscow.

On July 25, 2025, the Chamber of Commerce and Industry of the Russian Federation hosted the conference "India's Economic Potential: Development of Relations and Prospects for Russian Business", organized by the Chamber of Commerce and Industry of the Russian Federation with the support of Sberbank.

The Government of Rwanda, through the Rwanda Development Board and Rwanda Mines, Petroleum and Gas Board, has signed a 15-year industrial quarry license agreement with cement company CIMERWA Plc.