Global Cement
Online condition monitoring experts for proactive and predictive maintenance - DALOG
Regal Rexnord - One partner for cement - See solutions
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
News Fouta Cement to establish 350,000t/yr grinding plant in Monrovia

Fouta Cement to establish 350,000t/yr grinding plant in Monrovia

Written by Global Cement staff 15 June 2022
  • Print

Liberia: Fouta Cement has secured a US$21.2m financing package for the construction of its upcoming 350,000t/yr Monrovia grinding plant. The International Finance Corporation (IFC) has reported that the package consists of a US$5.4m loan from IFC's own account, a US$10.8m loan from the International Development Association's Private Sector Window Blended Finance Facility (IDAPSWBFF) and a US$5m from Bank of Africa United Kingdom (BAUK).

Fouta Cement's managing director Hamidou Gnan said "IFC's package of long-term investment and advisory services gives us the foundation and support we need to make the switch from reseller to manufacturer, thereby adding more value and creating more jobs in Liberia."

Published in Global Cement News
Tagged under
  • Liberia
  • Fouta Cement
  • grinding plant
  • GCW561
  • International Finance Corporation
  • Loan
  • Bank of Africa United Kingdom

Related items

  • Trinidad Cement amends loan terms with Citibank and Scotiabank
  • Update on the UK, May 2025
  • Nuvoco Vistas to build new grinding unit in Kutch
  • Edgardo Rivas appointed as plant manager at Lafarge Canada Brookfield cement plant
  • Sinoma CBMI Latin America completes construction of grinding plant in Dominican Republic
back to top
Loesche - Innovative Engineering
PrimeTracker - The first conveyor belt tracking assistant with 360° rotation - ScrapeTec
UNITECR Cancun 2025 - JW Marriott Cancun - October 27 - 30, 2025, Cancun Mexico - Register Now
Acquisition Cemex China CO2 coronavirus data decarbonisation Export France Germany Government grinding plant HeidelbergCement Holcim Import India Investment LafargeHolcim market Mexico Nigeria Pakistan Plant Production Results Sales Sustainability UK Upgrade US
« June 2025 »
Mon Tue Wed Thu Fri Sat Sun
            1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30            



Sign up for FREE to Global Cement Weekly
Global Cement LinkedIn
Global Cement Facebook
Global Cement X
  • Home
  • News
  • Conferences
  • Magazine
  • Directory
  • Reports
  • Members
  • Live
  • Login
  • Advertise
  • Knowledge Base
  • Alternative Fuels
  • Privacy & Cookie Policy
  • About
  • Trial subscription
  • Contact
  • Global CemBoards
  • Global CemCCUS
  • Global CemFuels
  • Global CemFuels Asia
  • Global Concrete
  • Global FutureCem
  • Global Gypsum
  • Global GypSupply
  • Global Insulation
  • Global Slag
  • Latest issue
  • Articles
  • Editorial programme
  • Contributors
  • Back issues
  • Subscribe
  • Photography
  • Register for free copies
  • The Last Word
  • Global Gypsum
  • Global Slag
  • Global CemFuels
  • Global Concrete
  • Global Insulation
  • Pro Global Media
  • PRoIDS Online
  • LinkedIn
  • Facebook
  • X

© 2025 Pro Global Media Ltd. All rights reserved.