- The Old Mombasa Road will be upgraded to meet the requirements of the Nairobi Expressway.
- Tanzania would be one of the top economies in 2023
- Project Timeline and Information for the Tanzania Standard Gauge Railway (SGR)
- Tanzania exceeds expectations, according to the global innovation index
- AIIF4 invested USD 34 million and supports Kenyan Road Annuity Programme
- Anchor Developments plans to launch in 2022 or 2023 with an investment of EGP 10 Billion
- FSD Eyeing Ethiopian Investment Opportunities; CEO Demands Peace Agreement to Boost Economic Growth
- Tanzania's Bagamoyo Port will be expanded as part of the largest project in East Africa
- Tanzania's Dodoma Stadium, the largest stadium in Africa
- Ethiopian investor plans to build a USD 1 billion WA Cement Factory
Cement maker to start production mid this year
Kenya's sixth cement manufacturing company, Savannah Cement, is set to start production in the second quarter of this year, its chairman, Benson Ndeta, announced Wednesday.
The cement plant, which cost a consortium of Chinese and local investors Ksh8- billion, is set to compete with established companies such as Bamburi, East African Portland Cement, Athi River Mining, National Cement and Mombasa Cement.
Savannah Cement's plant in Athi River will use state of the art machines that include an ultra-modern equipment, which is able to cut power consumption between 20-30%.
Kenya has a capacity of 3.5 million tons against demand of 3 million per year. Most of the local companies also export their cement to Somalia, South Sudan and Tanzania.
Bamburi Cement is currently the leading producer in East Africa, with an annual capacity of 2.5 million tons for export and local consumption.
Ndeta said his firm is keen on satisfying supply shortfalls, and would sell 30% of the output in countries outside East Africa. The demand for cement is projected to overtake the installed supply within the next two years.
Savannah Cement plans to invest an additional Ksh 15-billion (U$150m) in a clinker plant.
Source : tradeinvestkenya.com
Posted on : 24 Dec,2020
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