Lafarge partners local firm to set up shop in Ghana

Lafarge Africa Plc. (WAPCO): Basking in Restructuring Gains

LafargeHolcim, in partnership with CBI Ghana have set up a cement factory in the West African country.

Commissioning the factory, President Nana Akufo-Addo hailed the decision: “I take it as a veritable vote of confidence in the steps my government is taking to make the private sector flourish, that a company, like CBI, has taken the decision to enter the economic space of our country.”

President Akufo-Addo added, as he laid foundation for the construction of a technologically advanced cement grinding factory for CBI Ghana at the Tema Free Zone Enclave on Tuesday, August 15, that the Supacem Cement expected to hit the local market soon, shows the confidence of investors in the policies being implemented by his New Patriotic Party (NPP) government.

CBI Ghana is affiliated to LafargeHolcim, which operates in 90 countries, with 30 in Africa alone, is based in Switzerland, with its central functions divided between Zurich and Paris, France.