News

African cement producer CIMAF plans to invest in two projects aimed at expanding local production capacity and supporting the implementation of major infrastructure projects in Gabon.

Dangote Industries Limited and Sinoma International Engineering Co., Ltd. have signed a landmark Memorandum of Understanding (MoU) worth more than $800 million to expand the Dangote Cement Plant in Itori, Ogun State, increasing its production capacity from six million to 12 million metric tonnes per annum (MTPA).

Holcim reported 5.2 % organic net sales growth (7.9M CHF) and 11.5 % organic recurring EBIT growth (1.5M CHF) in the first half of 2026. Growth accelerated in the second quarter, with organic net sales increasing by 6.4 % and recurring EBIT by 13.1 %, prompting the company to upgrade its full-year guidance.

Nigeria's Senate has approved the proposed acquisition of Lafarge Africa by Hainan Huaxin Pan-African Investment, subject to full compliance with Nigerian laws and regulatory requirements.

HBM Nigeria is planning a massive capacity expansion in Nigeria after Lafarge Africa PLC came under the control of Huaxin Building Materials Group.

China’s West China Cement (WCC) has announced the acquisition of 100 % of the shares of South African company AfriSam, one of the key producers of construction materials in the region. The deal is part of WCC’s strategy to expand its presence in the African market.

South African cement company PPC continues to implement the new integrated Riebeek RK3 plant project in the Western Cape province. Construction is progressing in line with the schedule and approved budget.