Market News
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Rwanda to Export Cement As New Plant Boost Production
Posted on :Tuesday , 25th August 2015
Rwanda's only cement manufacturer CIMERWA Ltd, yesterday, unveiled a new plant expected to increase production and boost export revenues.
The new state-of-the-art plant in Muganza Sector, Rusizi District, was inaugurated by the Prime Minister, Anastase Murekezi.The factory, worth $170 million, has the capacity to produce six times the. . .
East Africa\'s geothermal power generation to grow by 1000mw
Posted on :Monday , 24th August 2015
Ethiopia geothermal power generation is set to grow after the country signed a power purchase agreement with Berkley Energy which is a Kenyan linked company that will see 1,000MW of energy being generated.
The signing was done by Azeb Asnake, CEO of Ethiopian Electric Power (EEP) and Edward Njoroge, one of the investors from Berkeley Energy.. . .
Caterpillar�s new improved series launched for the Arican market
Posted on :Saturday , 22nd August 2015
Caterpillar has introduced the new F2-series range of machines – 422F2, 428F2, 432F2, 434F2 and 444F2 for the Middle East and Africa markets
Depending on the model, engine-power choices include 56.5 kW (76.8 hp), 68.5 kW (93hp), 70 kW (95 hp), or 74.5 kW (101 hp) configurations. There’s a marked improvement in hydraulic oil flow – 422F2 from 125 litres per minu. . .
Dangote Cement : Yet another cement plant expansion in Africa
Posted on :Saturday , 22nd August 2015
Nigerian businessman Aliko Dangote has announced plans to expand his company’s 1.5mn metric tonnes per annum (mmtpa) cement operations in Cameroon
In a meeting with Cameroon’s Prime Minister Philemon Yang, Dangote revealed that Dangote Cement is commissioning another cement production line in Yaounde, which will increase the company’s total c. . .
Portuguese firm Cimpor to expand presence in Africa
Posted on :Saturday , 22nd August 2015
Cimentos de Moçambique, a subsidiary of Portuguese cement producer Cimpor, has announced plans to invest US$250mn in a new integrated cement plant in Nacala, Mozambique
The new facility is expected to start functioning from 2018. A statement issued by the company said, “The new capacity to be installed increases the efficiency of the response to local demand for cem. . .Please Select an Option
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