South African cement maker Pretoria Portland Cement (PPC) will buy a stake in Rwandas only cement maker, Cimerwa, for US$69.4mn
Construction
Chinese firm bags Zambia road contract
The Zambian Road Development Agency (RDA) has awarded a US$207mn contract to the China Henan International Corporation for the construction and design of the Mansa-Luwingu road
Ethiopian firm secures South Sudan housing contract
American firm New Orleans Consultancy Ltd has awarded a US$53.3mn contract to Addis Prefab Houses Manufacturing Industry of Ethiopia, for the construction of 888 pre-fabricated houses in South Sudan
Nigerian cement manufacturers seek government protection on investments
Nigerian cement manufacturers have sought the federal government’s protection over investments worth US$4.1bn made in the country’s cement industry
Nigeria to review its cement policy
Nigeria has revealed that a new policy will soon be implemented as part of the country’s cement sector’s Backward Integration Policy (BIP)