Sephaku Cement, a subsidiary of Dangote Cement, has secured US$222mn of domestic debt funding for its $390mn cement and clinker plant projects in South Africa
Construction
Dangote Cement to enter Tanzania
Nigeria-based Dangote Cement has announced it plans to set up a manufacturing plant in Tanzania
AfDB to increase funds for Tanzania road project
The African Development Bank (AfDB) has said it will increase fund for roads construction projects in Tanzania from US$550mn to US$650mn by the end of 2012
Nigeria registers low cement consumption rate
The Nigerian cement industry has fallen behind its peers in the continent due to a low per capita consumption rate
Uganda government starts construction of US$476 million highway
Construction of the four-lane Kampala-Entebbe Expressway, which will link Kampala to Entebbe Airport, has started after it was commissioned early last week