Bamburi Cement PLC (Holcim group) has signed a power purchase agreement (PPA) with Momnai Energy Ltd to set up two solar plants adjacent to the company’s Mombasa cement plant and Nairobi grinding plant in Kenya. The project, which aims to save on power costs as well as contribute to net zero carbon emissions by switching […]
Bamburi Cement #ticker:BAMB will switch to solar power joining other heavy-consuming industrialists seeking reliable and cheaper electricity supply. The cement maker has signed a power purchase agreement (PPA) with an independent power producer, Momnai Energy Limited, to set up two solar plants at Bamburi’s factories in Mombasa and Nairobi. The solar power systems will have […]
Kenyan cement companies have stepped up expansion plans with an eye on the estimated 10 million metric tonnes annual demand of cement in the Democratic Republic of Congo (DRC) market. PHOTO | COURTESY The East Africa region’s installed cement capacity is currently estimated at 15.6 million tonnes, with 8.6 million tonnes of that figure produced […]
India: The Odisha government has approved Arcelor Mittal Nippon Steel’s plans to build a 18.8Mt/yr cement plant in connection to a new steel plant to be established at Mahakalpara in the state’s Kendrapara district. The project will have a total investment of around US$13.5bn, according to the Hindu newspaper. Once operational both the cement and […]
Medhat Ismail, the head of the Middle East and Africa (MEA) at Geocycle. The world generates around two billion tonnes of municipal solid waste annually, making waste management a major headache for both industrialised and developing countries. Co-processing is a globally recognised sustainable technology through which waste is used as a source of energy to […]
DUBLIN–( BUSINESS WIRE )–The "East Africa Cement Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com’s offering. The East Africa cement market reached a volume of US$ 4.55 Billion in 2020. Looking forward, the publisher expects the East Africa cement market to exhibit strong growth during the next […]
The proposal to increase import duty on clinker, a raw material used in making cement, from 10 percent to 25 percent, will crush competitors outright. Devki Group, which owns four cement firms, has been lobbying the government to raise the taxes. But the reality is Kenya does not produce adequate clinker, for one reason or […]
The Competition Authority of Kenya (CAK) has warned the government against implementing a proposal by billionaire industrialist Narendra Raval to raise the import duty on clinker, a raw material used in cement production, from 10 percent to 25 percent. Mr Raval whose Devki Group owns four cement firms has been lobbying the government to raise […]
East Africa Portland Cement has bounced back to profitability to post net profit of Kshs. 1.9 billion for the full year period ending June 31, 2021. This was positive result for the cement manufacturer which has posted a profit loss after tax of Kshs. 2.8 billion during the same period last year. According to EAPC […]
Eddie Ndichu hit the spotlight after getting married to media personality Janet Mbugua on May 30, 2015 Eddie who co-founded Wapi Pay in 2019, has worked in several organisations including Standard Chartered Bank, KCB and SBM Bank On his LinkedIn profile, he describes himself as an experienced leader in digital, mobile, payments and fintech Edward […]
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