Cameroon Emerges as Africa Battlefield for Big Cement Makers
- Dangote, Addoha starting to expand production capacity
- Market has opened up after breaking of LafargeHolcim monopoly
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Cameroon is fast becoming a battleground for international cement makers drawn by an abundance of major infrastructure projects and the end of a monopoly long held by LafargeHolcim Ltd.
Dangote Cement Plc, Africa’s largest producer of the building material, and Morocco’s Douja Promotion Groupe Addoha SA have both announced an expansion of production capacity in the central African country this year, challenging Cimenteries du Cameroun, a unit of the world’s biggest cement maker, LafargeHolcim. Demand for cement is estimated to grow 8 percent a year by 2020 from 3 percent now, according to Trade Minister Luc-Magloire Mbarga Atangana.