Ethiopia to join Africa's big league - News Summed Up

Ethiopia to join Africa's big league


Ethiopia to join Africa's big league09 February 2024Next month, the first phase of an extra 7.5Mta of cement capacity will be commissioned in Ethiopia. The US$243m Melka Jebdu cement plant is expected to be commissioned in 2025 and will be well placed for exports. Chinese investment to claim the top spotEthiopia's cement market has largely been made up of local cement producers and small Chinese plants. The Global Cement Report™ 15th Edition (GCR15) reported that Dangote has been considering a 5Mta expansion of its Ethiopian cement plant. Moreover, as China throws the gauntlet to the country's current major players, Ethiopia is well on its way to entering Africa's big league for cement production.


Source: Ethiopian News February 09, 2024 13:28 UTC



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