Gabon: China-based Conch Investment Holding and Hope Global Investment have commenced construction of their upcoming US$195m, 1Mt/yr Malibé cement plant in Estuaire. The La Tribune newspaper has reported that the companies will jointly build, finance and operate the plant. It will serve Gabon’s domestic market when operational.
Ciments du Maroc raises first-half consolidated sales in 2026
Morocco: Ciments du Maroc’s audited consolidated results for the first half of 2026 have confirmed a 22% year-on-year rise in the producer’s sales, to US$274m. AllAfrica News has reported that the producer's operating profit also grew, by 16%, to US$96.6m. Nonetheless, net profit dropped by 14%, to US$52.4m. In Morocco, the domestic cement market contracted by 1% year-on-year in the first half of 2026.
Afrimat publishes six-month 2027 financial year results
South Africa: Afrimat recorded sales of US$309m in the six months up to the end of August 2026, the first half of its 2027 financial year (FY 2027). This corresponds to a year-on-year decline of 4%. Alliance News has reported that the producer attributed the decline to the performance of its cement business, alongside other units. Afrimat's pretax profit fell by 48%, to US$8.36m.
In the remaining part of 2026, the producer expects its cement business to benefit from ‘increased clinker availability’ in the South African market.
GCC receives compensation for historical sale of stake in SOBOCE
Bolivia: Mexico-based GCC says it has received a settlement of US$71.5m in relation to arbitration proceedings in connection with the sale in 2011 of its stake in Sociedad Boliviana de Cemento (SOBOCE) to Consorcio Cementero del Sur. It won the settlement in November 2025. GCC said that, as a result of the execution of the settlement agreement and receipt of the payment, the dispute has been fully resolved, with no further liability for GCC. The government in Bolivia took over a stake in SOBOCE subsidiary Fábrica Nacional de Cementos (FANCESA) in 2010. GCC subsequently sold its share to Peru-based Grupo Gloria.


