The Ivorian subsidiary of Cimenteries d'Afrique (CIMAF) is going to expand its assets in the countries by building a new production unit in San Pedro. This was announced on Thursday 7, 2016 by Emmanuel Essis Esmelle, director general of Centre de Promotion des Investissements en Côte d’Ivoire (CEPICI).
For a cost FCFA35 billion, the new infrastructure will boost the group’s annual production capacity which was insured by its grinding center in the industrial zone of Yopougoun. With it, CIMAF will strengthen its position in the local market and effectively target the regional market.
Let us recall that in Côte d’Ivoire which is currently busily reconstructing and need significant quantities of cement, installed capacities for cement are lacking. To remediate to this but also to mitigate the hike in prices of cement and meet market needs, the government had to green-light the import of 300,000 additional tons of cement.
The sector remains dynamic and it is expected even to see four new cement factories with a total capacity of 4.3 million tons land in the country by 2017.
CIMAF is an African arm of Moroccan real estate firm Addoha which is also active in Côte d’Ivoire and deals with housing projects.
Idriss Linge
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
Circular migration is based on structured, value-added mobility between countries of origin and host...
President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
Urban employment reached 53.7% in WAEMU in early 2025 Most jobs remain informal, low-paid, and in...
GTCO completed a 10-billion-naira private placement on January 30, 2026. The deal involved 125 million new shares issued at 80 naira each. The capital...
Sonangol raised $750m via its debut international bond, a five-year private placement, marking a key step in Angola’s return to global debt...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and expansion strategies Fintech leads deals as “Big Four”...
Niger junta accuses France, Benin, Côte d’Ivoire of backing attack Gunfire reported near Niamey airport amid ECOWAS tensions Border closure with Benin...
The Khomani Cultural Landscape is a cultural site located in northern South Africa, in the Northern Cape province, near the Kgalagadi Transfrontier Park....
Three African productions secured places among the 22 films competing for the Golden Bear at the 76th Berlin International Film Festival. Berlinale...