Mining

Algeria: GICA hopes to deal with the cement deficit starting from end 2016

Saturday, 24 October 2015 12:16

The Groupe Industriel des Ciments d’Algérie (GICA) is planning to reduce the cement deficit estimated at over 4 million tons per year with 2 new cement manufacturing plant extensions in Sétif and Chlef, which will start production by end 2016, APS reports.

The two extensions, in the cement plants of Ain El Kébira in Sétif and Chlef, will each add about 2 million tons per year, Mr. Ahmed Souidi, Head of Division for the group, explained. “We are also on the verge of signing a contract with a foreign partner for the extension of the cement plants of Zahana in Mascara and Beni Sarf in Ain Témouchent”, he added.

These are projects under study which could generate additional capacity of 3.5 million tons per year.

GICA is made up of 23 subsidiaries and has a total yearly production of 11.5 million tons with a target of 15.5 million tons by end 2016 and 18.5 million tons in 2018.

On the same topic
Lucara plans a share placement of at least C$70 million to fund Karowe UGP The Lundin family will subscribe up to C$70 million to maintain its...
La Mancha Resource, controlled by Egyptian billionaire Naguib Sawiris, cut its stake in Endeavour Mining from over 15% to 11.1% since early...
Egypt signed $1.8 billion in solar and battery storage agreements with Scatec and Sungrow. The deals include Africa’s largest...
Authorities seize thousands of cylinders over speculation, illegal practices New decree tightens sales rules to protect subsidised household gas...
Most Read
01

Africa’s AI adoption is accelerating, but its ability to scale depends primarily on foundational i...

Africa’s Artificial Intelligence Moment : Infrastructure, Governance and the Path to Scale
02

African billionaires increased their combined net worth by $21.9 billion in 2025. Nigerian b...

Africa’s Billionaires Post Strong Gains as Global Wealth Hits Record
03

Development Partners International sold its 20.17% stake in Atlantic Business International for mo...

DPI Exits Atlantic Business International in $200 Million-Plus Deal
04

Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...

Flutterwave Adds Open Banking With Mono Acquisition
05

Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...

Africa’s Energy Boom in 2026 Puts AfCFTA at the Heart of Its Trade Response to US Tariffs
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.