Thursday, December 1, 2022
HomeNewsAfricaHow Mira Cement is challenging Dangote in Cameroon

How Mira Cement is challenging Dangote in Cameroon

Dangote Cameroon – owned by Nigerian billionaire Aliko Dangote – is being pushed around on Cameroon turf. Since August, it has been neck-and-neck in second place in terms of production capacity on the local market with Mira Cement. The subsidiary of the Lebanese-Chinese group Mira, represented by Helen Lu and Hassan Mortada, has tripled its capacity to 1.5m tonnes.

Two years ago, Mira Cement decided to invest nearly 30bn CFA francs ($46m) in a second packaging line, which began a shake-up in the sector.

Your browser could not fetch this story

If you are reading this message your browser has Javascript disabled. Please enable Javascript in order to access to this story.



Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments