Displaying items by tag: Middle East and Africa

South Africa: Cement producer PPC and independent power producer Yellow Door Energy (YDE) have signed a 24.5MWp solar power purchase agreement. The project will operate under a solar wheeling arrangement, delivering electricity from YDE’s Leeudoringstad solar park to PPC’s Slurry, Dwaalboom, De Hoek and Riebeek operations via the Eskom grid.

YDE will install over 20,000 panels, generating 57.5 million kW in the first year of operation and offsetting 59,800t of CO₂. The project includes a new 43km overhead electrical line connecting the solar park to the Eskom substation.

Tunisia: Wan Li, the Chinese Ambassador to Tunisia, has revealed that a ‘Chinese company specialising in the cement sector’ is preparing to acquire a cement plant close to the capital city Tunis. The value of the transaction is reported to be more than US$100m. If completed, it would be the first Chinese investment in Tunisia in the 2020s.

Li said "We are confident that this state-of-the-art company will introduce modern techniques and upgrade the plant's equipment, which will have a positive impact on the environment." He also assured that this acquisition will improve the productivity and efficiency of the cement plant.

Egypt: Misr Cement Group has announced an increase in its financial performance for 2024, reporting a net profit of US$5.4m. This represents a 136% increase year-on-year compared to 2023, when it made just US$2.3m. The company said that its growth underscored its successful cost optimisation, operational efficiency and market expansion policies, despite economic challenges.

Hassan Gabry, managing director and CEO of Misr Cement Group, said “The significant profit increase is a testament to the strength of our strategies and the efficiency of our management. We remain committed to expanding both locally and internationally while reinforcing our leadership in the cement industry across the region.”

Burkina Faso: Ibrahim Traoré, the President of Burkina Faso, inaugurated the Sino-Burkinabè Industrial Cement Company (CISINOB) in Laongo, Ziniaré on 20 March 2025. The grinding plant has a capacity of 0.75Mt/yr and cost US$43m. The unit will be expanded in a second later stage to reach a capacity of 1.2Mt/yr.

Benin: France-based Chovet is reportedly preparing to support the construction of a 2Mt/yr integrated cement plant. Preparatory studies have been completed and construction is ready to start, according to 24 Heures au Bénin. The engineering company will be responsible for supervising all work, providing project management assistance and monitoring the quality of the installed infrastructure. The project was originally mandated at a meeting of the government’s Council of Ministers in late 2022.

Oman: Raysut Cement has appointed Jamal Shamis Saud Al Hooti as its chair. Khalid Masoud Ansari has been appointed as the vice chair and Liyutha Mohamed Sulaiman Al Ismaili has been appointed as the secretary of the board.

Cameroon: Cameroon will increase its cement production capacity by 4.3Mt to 12.7Mt/yr by the end of 2025 with the addition of three new plants in Édéa, according to Business in Cameroon. The new facilities will help meet local demand and support exports.

The first plant, Sino Africaine (Sinafcim) is under construction and will have a 1Mt/yr capacity. It is set to begin production in April 2025. It will employ 200 workers and 90% will be Cameroonian. The second, Central Africa Cement (CAC), has been operational for several months with a 1.5Mt/yr capacity. It currently employs 100 people and aims to reach 200. The third, Yousheng Cement, is being built near Douala and will have a 1.8Mt/yr capacity. National demand in Cameroon is reportedly around 8Mt.

Nigeria: Dangote Group has resumed construction of a 6Mt/yr cement plant in Itori, Ogun State, according to Business Insider Africa. Itori is 10km from Ewekoro, the site of a 3.9Mt/yr plant owned by Lafarge Africa. Construction of the plant is expected to be completed by November 2026. The company will also build ‘Nigeria’s largest seaport’ at the Olokola Free Trade Zone, also in Ogun State. The plant will have two lines and sits on 533 hectares of land.

Ogun State is already home to the 12Mt/yr Dangote Cement Plant in Ibese. Upon completion of the Itori project, the state’s total cement production capacity will reach 18Mt/yr. Dangote Cement reportedly has a production capacity of 52Mt/yr across Africa, with 70% of production in Nigeria.

Aliko Dangote said “We earlier on abandoned our vision of investing in the Olokola Free Trade Zone but, because of governor Dapo Abiodun’s policies and investor-friendly environment, we are back and will work with the government to return to Olokola. Plans are underway to construct the largest port in the country.”

He said that the nearly US$800m Itori cement plant should have been completed earlier, but was delayed due to opposition from former governor Ibikunle Amosun.

Egypt: Arabian Cement Company has signed a 30-year power purchase agreement with IRSC for renewable electricity. The deal covers the development, financing, construction, ownership and operation of the second phase of the firm’s solar power plant. The plant will have a total capacity of 17.6MW and is expected to produce 32.5GW/yr of electricity.

Egypt: Sinai Cement reported a net profit of US$60.7m in 2024, compared to a net loss of US$2.40m in 2023. Net sales rose to US$127m in 2024 from US$84.7m in 2023. Non-consolidated net profit reached US$60.7m, compared to a loss of US$2.32m in 2023.