Cement producer Lafarge has reported a five per cent year-on-year rise in 2012 first quarter sales to US$4.4 billion as higher prices offset rising costs and demand from emerging markets increased
Construction
AfDB funds give East African road development major boost
The road between Arusha and Mombasa is set for a major upgrade. (Image source: Kat Stan)
The African Development Bank (AfDB) has granted US$300 million towards the construction of the Arusha-Mombasa Highway
Zambia signs US$50 million deal to fund healthcare construction
A host of rural villages in Zambia will benefit from new healthcare facilities. (Image source: CIFOR)
Zambia has signed a credit facility worth US$50 million with the EXIM Bank of India to fund the construction of 650 rural health centres
AfDB to provide US$250 million for Tanzania and Sierra Leone roads
The AfDB funds will be used to support infrastructure projects in Sierra Leone and Tanzania. (Image source: WFP)
The African Development Bank Group (AfDB) has approved loans worth a total of US$250.95 million for road construction projects in Tanzania and Sierra Leone
Nigerian cement manufacturer eyes LSE listing
Dangote Cement has a 70 per cent market share of the Nigerian cement manufacturing industry. (Image credit: Dangote Group)
Nigerian cement giant Dangote Cement has announced its intention to list on the London Stock Exchange (LSE) in 2013
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The first section of the Lagos-Calabar highway to be completed this year. (Image source: Adobe Stock)
Bobcat’s 1-2t Mini Excavator range delivers dependable performance for any job. (Image source: Bobcat)
Scatec completes the sale of its 51% stake in African hydropower projects to TotalEnergies, aligning with its strategic focus. (Image source: Scatec)
AMEA Power breaks ground on a 50MW solar plant in Ivory Coast, set to power 358,000 homes and cut 52,000 tons of CO₂ emissions. (Image source: AMEA Power)
President William Ruto of Kenya and president Benedict Oramah of Afreximbank in Mombasa, Kenya. (Image source: Afreximbank)
