Heidelberg Materials, one of the world’s largest integrated manufacturers of building materials and solutions, has continued its portfolio optimisation in West Africa by completing the divestment of its business in Gambia
This was confirmed through the sale of its cement terminal in Banjul to B5 Plus and has followed the sale of subsidiary Leocem in Sierra Leone two years ago. Following the transaction – for which both parties agreed not to disclose financial terms – the company has assured West African customers that can still be served through subsidiaries in Benin, Burkina Faso, Ghana, Liberia and Togo.
Part of this transition is a deeper environmental focus, as the company seeks to enhance its low-carbon offerings and promote climate-friendly local production. From 2024, new products based on calcined clay (which can offer an up to 40% CO2 reduction) will be available through the company’s West African operations.
Currently, the company is piloting calcined clay technology in Ghana where the world’s largest flash calciner is being built with a capacity of more than 400,000 tonnes per year. Last year, the company signed an agreement to acquire 50% of shares of and invest into CBI S.A. who controls the Ghanian cement producer, CBI Ghana.