On 3rd April CemNet Newsroom reports that Tanzania Portland Cement, otherwise known as Twiga Cement,  recorded a net profit of TZS35.5bn (US$15.6m) last year, lower than TZS39.8bn (US$17.6m) recorded in 2016. The fall of net profit was a result of increase income tax, decrease in price and sale cost...

Apparently Kenya's Savannah Cement is seeing more opportunity for trade with  the signing of the African Continental Free Trade Area (AfCFTA) agreement according to CemNet Newsroom on 26th March 2018.  The AfCFTA signed on 20th March in Kigali, Rwanda, seeks to create a single continental market for...

On 23rd March 2018 CemNet Newsroom reported that a cement shortage had lead to retail price hikes in Banjul, Gambia. Apparently both Gacem and Salam Cement  expressed their surprise at the retail prices. Whitehopleman thinks that cement customers will not have to worry about high prices for very lon...

Very interesting to read on CemNet Newsroom on 23rd March 2018 that the West African Development Bank has approved a XOF25bn loan to help fund a third production line at Ciments du Sahel’s plant in Kirène, near Rufisque, Senegal. Apparently the new line will have a capacity of 2.7Mta and increase cu...

Whitehopleman reads on CemNet Newsroom on 23rd March 2018 that Dangote-owned Sephaku Cement has posted a 16 per cent drop in its full-year profit, despite revenue increasing by 3.7 per cent in 2017. The stated reason being that  South African economic growth was largely subdued in 2017 and that the...

Whitehopleman's Africa Desk is struggling to keep up with the news about our long-standing customer Dangote Cement. On 22nd March CemNet Newsroom reported that Dangote Cement Plc has announced that it received approval from the Securities and Exchange Commission (SEC) and other regulators to raise N...

In the second CemNet Newsroom item on Dangote Cement on 21st March 2018 Tanzania's Trade and Investment minister said that "Dangote is a game changer. They use the market penetration strategy. The approach is to manufacture more and distribute large quantities of cement countrywide." Whitehopleman s...

Two prominent mentions of Dangote Cement on CemNet Newsroom on 21st March 2018.  Unaudited results for the full-year 2017 period apparently show a 31 per cent YoY increase in revenue. Nigerian volumes were lower in 2017, but pan-African operations increased volumes by 8.4 per cent and now make up 42...

On 16th March CemNet Newsroom told us that LafargeHolcim Algérie plans to export 5Mt of cement to west Africa by 2020. Whitehopleman thinks LafargeHolcim and lots of other cement companies like CIMAT, Medcem. This into a region which already has overcapacity. Where is all that cement going to go? Of...