Cement is becoming an increasingly scarce product in Mali. As a result, prices have risen from XOF90,000/t to XOF125,000-130,000/t, according to MaliActu.
In 2019 Mali had a cement demand of around 2.8Mt, with future consumption underpinned by a need for infrastructure and high population growth. However, output from the country’s cement industry is only approximately 1Mta and wide-spread shortages have been reported.
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EBRD provides EUR25m to Arabian Cement Co
The European Bank for Reconstruction and Development (EBRD) is providing up to EUR25m in financi...