Home Pan Africa Chinese Investments in Africa’s Cement Sector Surges

Chinese Investments in Africa’s Cement Sector Surges

0
Chinese Investments in Africa’s Cement Sector Surges

(3 Minutes Read)

Africa’s cement market is surging driven by increasing construction activities. The boom is also resetting the continent’s cement production landscape with the entry of new players. Chinese cement makers have been running to establish or acquire operations in Africa.

Huaxin led Chinese companies to invest in nine new cement projects in Africa in 2023, and five in 2024. With 10 cement plants producing about 18 million tonnes per year, Huaxin is now sub-Saharan Africa’s second-largest cement producer. Dangote remains the region’s leading cement maker, with an annual capacity of 52 million tons.

Read Also:

https://trendsnafrica.com/china-launched-free-eye-care-facilities-in-ethiopia/

 Industry experts predict demand to stay strong in Nigeria, South Africa, Kenya, and Ghana.Cement production is associated with pollution. Experts say African governments need to emphasize environmental sustainability and to enact strong policies to balance growth with local industry development.