Cement News tagged under: West Africa
Senegalese cement imports not subject to higher taxes12 July 2024, Published under Cement NewsGambia will not levy higher taxes on cement imported from Senegal, confirmed Gambia's Minister of Trade, Industry, Regional integration and Employment, Mr Baboucar Ousmaila Joof. Mr Joof explained that the excise tax is levied on imported bagged cement regardless of its source, justifying that the measure doesn't target any specific country as that would constitute discrimination. “Past studies of the manufacturing sector in the country found that more than 80 per cent of the manufacturin... |
Nigerian House of Representatives threatens to issue arrest warrants for Dangote10 July 2024, Published under Cement NewsA committee from Nigeria’s House of Representatives, investigating the hike in cement prices, has warned it will issue arrest warrants for Dangote Cement’s management after executives failed to honour an invitation. Chaired by Jonathan Gaza, the House Committee on Solid Minerals issued the threat on 9 July during a National Assembly hearing after the company failed to show up. Gaza stated that the committee would give Dangote Cement another opportunity to comply before taking further action.... |
Dangote ramps up investment in Zambia with second plant24 June 2024, Published under Cement NewsDangote Cement has announced plans to double its investment in Zambia by building a second cement plant. The company has already constructed one plant in Masaita at a cost of US$450m but this investment will now be boosted to US$900m with plans for a second facility, reports The Guardian. The Masaita works is designed to have a cement production capacity of 1.5Mta and is scheduled to reach full capacity by the end of 2024. The new plant is expected to be commissioned soon. |
Renewed hope for Nigeria21 June 2024, Published under Cement NewsNigeria’s incoming president has his work cut out, faced with a worsening security situation, accelerating inflation, declining oil revenues and food insecurity. After some bold moves, his economic choices appear to be paying off, albeit slowly. But what does this mean for the country’s cement producers as they tackle overcapacity and spiralling cement prices? By Suzanne Starbuck, ICR Research, UK With Nigeria’s population due to reach 400m by 2050, the government has set an infrastru... |
Mangal’s capacity build-up10 June 2024, Published under Cement NewsMangal Industries Ltd (MIL) is building a new production line in Kogi state, Nigeria. The new line will add 6000tpd of capacity to the plant when completed. By Binbin Wang and Kunqiang Ye, Sinoma Group, China Mangal Industries Ltd has started construction of a 6000tpd clinker lines in Kogi state, Nigeria (© Sinoma Group) M angal Industries Ltd (MIL) is investing in a 3Mta cement plant in Iluagba, Ìjùmú local government area, Kogi state, Nigeria. The project is curren... |
Senegal market expands 7% in April10 June 2024, Published under Cement NewsCement sales in Senegal were up seven per cent from 525,000t in April 2023 to 562,000t in April 2024, according to Senegal’s Ministry of Planned Economy and Co-operation. Cement producers produced 702,800t in April 2024, up 1.3 per cent YoY, from 693,500t in the equivalent period in 2023. Of this total, they exported 147,400t, which represents a 7.4 per cent drop from 159,200t in April 2024. January-April 2024 In the first four months of 2024, Senegal’s cement market expanded by 1.6 per ... |
Cemenco connects to LEC grid10 June 2024, Published under Cement NewsLiberian-based cement producer Cemenco has been connected to the Liberia Electricity Corp (LEC) grid, making it the public utility company’s largest customer, reports Energy Capital Power. The ceremony, which took place is Monrovia earlier this month, marked the signing of the agreement between LEC and Cemenco, designed to reduce production costs for the cement manufacturer. Cemenco will be connected through a 1km-long 22kV voltage line to the Stockton Creek substation. Commenting on t... |
Gambia to temporarily allow Senegal imports10 June 2024, Published under Cement NewsGambia’s government has announced a temporary re-opening of its border with Senegal to allow the delivery of cement that has been held up at the border for several weeks, reports Bénin Web TV. The step will help to meet domestic market requirements. Since 16 May 2024, many cement trucks have been help up at the border, causing disruptions in building material supply to Gambia. The Cement Importers and Traders Association urged the government to take measures to enable the entry of cement in... |
Dangote Cement commits to CNG trucks by 202531 May 2024, Published under Cement NewsDangote Cement has pledged that all of its trucks will be operating on compressed natural gas (CNG) by the end of 2025, reports Vanguard. According to the company, investments are already being made to ensure that thousands of its delivery trucks are run on CNG as part of the federal government’s agenda on the use of alternative fuels for official vehicles. The announcement came at Dangote’s annual general meeting in Lagos, where the company also gave an update on the ongoing construct... |
Gunmen abduct Dangote workers at Okpella15 May 2024, Published under Cement NewsGunmen stormed Dangote Cement ’s Okpella plant in Edo State, Nigeria, on 14 May, abducting dozens of plant workers, according to Business Day. Eye witnesses say the gunmen opened fire on a convoy of plant workers. The number of workers injured is currently unknown. The attack has been confirmed by Michael Odofin, a spokesperson for Okpella Cement Plc. “I cannot give any details right now but our workers were attacked. The attack is still fresh. We have no one killed,” said Mr Odofin. |