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Cement

ASEC Engineering has signed three five-year contracts to manage new cement plants that will create over 750 jobs in Egypt’s Qena, Beni Suef and Assuit governorates

ASEC Engineering has signed three five-year contracts to manage new cement plants that will create over 750 jobs in Egypt’s Qena, Beni Suef and Assuit governorates

IFC Asset Management Company has committing up to $35mn in equity to support the modernisation and expansion of HeidelbergCement AG in West Africa, utilising the IFC African, Latin American and Caribbean Fund (ALAC Fund) - a co-investment fund that invests alongside IFC in equity investments in Sub-Saharan Africa, Latin America, and the Caribbean, providing growth capital for private enterprises in these regions.

p>IFC Asset Management Company has committing up to $35mn in equity to support the modernisation and expansion of HeidelbergCement AG in West Africa, utilising the IFC African, Latin American and Caribbean Fund (ALAC Fund) - a co-investment fund that invests alongside IFC in equity investments in Sub-Saharan Africa, Latin America, and the Caribbean, providing growth capital for private enterprises in these regions.

South Africas Women Investment Portfolio Holdings and limestone miner Continental Cement have announced a joint venture with the China-Africa Development Fund and Jidong Development Group to build a R1.65bn cement manufacturing plant in Limpopo province.

p style="margin-bottom: 0cm;">South Africas Women Investment Portfolio Holdings and limestone miner Continental Cement have announced a joint venture with the China-Africa Development Fund and Jidong Development Group to build a R1.65bn cement manufacturing plant in Limpopo province.

There is a growing demand for cement in East African economies. (Image source: sxc.hu)

Tanzanian firm, Tanga Cement Company Ltd (TCC), will construct a second kiln before the end of 2012 to cash in on the growing demand for cement in East Africa

Dangote Cement is of the opinion that the establishment of more cement plants will stabilise the price the product in Nigeria. (Image source: sxc.hu)

African cement giant Dangote Cement will open more cement depots across Nigeria to drive down the cost of cement in the country and make the product more accessible to consumers

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