CDC Group and Lafarge-Holcim launched a joint-venture named 14Trees which will aim to delevop and boost sales of Durabric, an affordable construction material which is more adapted to environmental concerns.
The joint-venture will start an initial capital of $10.1 million and partners plan to add more funds to support its mid-term growth. However, the Commonwealth Development Group said the objective was to fight deforestation and global warming.
Lafarge-Holcim for its part wishes to enter a market neglected by other competitors in the region, these include Gemran HeidelbergCement and Dangote Cement. The Durabric was tested in Rwanda, Tanzania and Zambia. By using it, construction costs can be reduced by about 25%. The two partners are now thinking of expanding the product’s reach to all of sub-Saharan Africa where millions of people lack means to build a decent and environment-compatible house.
Idriss Linge
Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...
African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...
Development Partners International sold its 20.17% stake in Atlantic Business International for mo...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
IFC considers up to $50 million investment in Adenia Entrepreneurial Fund I Fund targets African SMEs across manufacturing, energy, healthcare,...
Algeria rolls out AMLAK nationwide, replacing paper land titles with digital records System centralizes land issuance, improves traceability,...
The Regional Securities Exchange BRVM entered 2026 after an exceptional year in 2025, during which market capitalization posted record gains. The year has...
Mauritius and Russia discussed digitalization and innovation partnerships Talks focused on digital tools to boost SME productivity and...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...