Market News
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German cement maker opens two new plants in�Africa
Posted on :Wednesday , 24th June 2015
The new US$250mn plant has an annual capacity of 1.5mn tonnes and is located at Tabligbo, around 80 km northeast of Lomé.
According to the company, with the Scantogo investment, HeidelbergCement has become the largest German foreign investor in Togo.The US$50mn Cimburkina cement grinding plant has an annual capacity of 800,000 tonnes and is located near the c. . .Kirloskar Brothers Limited�a step further towards development of the African Sector
Posted on :Wednesday , 24th June 2015
World-class pump manufacturing requires expert engineers and expertise in systems for fluid management. Kirloskar Brothers Limited (KBL) trades precisely on these attributes. KBL is the flagship subsidiary of the US$2.1bn Kirloskar Group. KBL leads Africa’s markets for fluid management solutions to serve large infrastructure projects, addressing requirements in water resource manage. . .
Dangote Cement to start cement production in Tanzania
Posted on :Tuesday , 23rd June 2015
The factory has a capacity of three million tonnes annually, and is expected to boost Tanzania’s annual output to six million tonnes. It is located in the country’s Mtwara region. Once complete, the cement factory will supply cement to nearby and landlocked nations in the region.
The Nigerian cement major has plans to diversify its market reach in the continent, stat. . .Singapore firm to develop master plan for Africa
Posted on :Tuesday , 23rd June 2015
According to the contract, Surbana International Consultants will provide a regional structure plan for Kinshasa Province (which spans an area of 9,900 sq km) and a detailed master plan for Kinshasa City.
Surbana CEO Pang Yee Ean said, “We are delighted to secure this job with DR Congo. This is Surbana’s largest master planning project and ninth in Africa to date. We. . .Infrastructure investment in Africa has quadrupled
Posted on :Tuesday , 23rd June 2015
Infrastructure investment spending in South Africa had increased and was being taken seriously as Africa was receiving a growing share of foreign direct investment, President Jacob Zuma said on Thursday. Print Send to Friend 1 1 “Infrastructure investment spending has quadrupled, exports have increased and Africa is receiving a growing share of foreign direct investment… Thes. . .
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