Cement News tagged under: Camerooon
Cameroon: Medcem Cameroon receives new capital21 April 2016, Published under Cement NewsThe share capital of Medcem Cameroon, a subsidiary of the Turkish group Eren Holding, has soared from XAF10m (US$ 172,129 ) to XAF400m, a legal statement by the firm revealed on Wednesday. StarAfrica reports that this capital upsurge by cash contribution from shareholders, is in stark contrast with the commercial activities of the cement plant whose products have been absent from the market for over six months. After several postponements and a test phase in late August 2015, Medcem ceme... |
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