13, April 2019

Cameroon cement industry reaches sales of XAF191.9bn in 2018 0

Cameroon’s four cement producers achieved a total turnover of XAF191.9bn (US$330.4m) in 2018, according to sources in the country’s tax administration. 

Market leader Dangote Cement Cameroon sold 1.2Mta of cement, resulting in a sales figure of XAF86.4bn. 

LafargeHolcim-owned Cimencam increased its revenues to XAF70.7bn following the inauguration of its new 0.5Mta Nomayos plant in Yaoundé suburb on 2 April 2019. 

Cimaf Cameroon, part of the Morocco-based Adoha group, achieved a turnover of XAF28.5bn, ahead by Medcem Cameroon (owned by the Turkey-headquartered Eren Holding), which had sales of XAF6.3bn.

Published under Cement News