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The agreement would enable Sephaku to become a significant competitor in the South African cement market. (Image source: Sephaku)

South African cement firm Sephaku Cement has signed a US$222mn domestic debt funding agreement with Standard Bank and Nedbank to help fund its US$390mn cement plant and clinker plant project

Sephaku Cement is a subsidiary of Nigerias Dangote Cement. (Image source: Dangote Cement)

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

AfDB is in the final stages of processing the financing for the Arusha-Holili/Taveta-Voi Corridor in Tanzania. (Image source: cogdogblog/Flickr)

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’s main cement producers are Ashaka Cement, Lafarge WAPCO, Unicem and Dangote Cement. (Image source: EDV Media Director/Flickr)

The Nigerian cement industry has fallen behind its peers in the continent due to a low per capita consumption rate

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