Cemex still awaiting Assiut Cement privatisation verdict from Egypt’s Constitutional Court
A decision from the country’s highest court concerning a retroactive law introduced by the former Acting President has dragged on since 2017.
09/11/2020 at 15h44, by Africa Business+
Back in 2000, Mexican industrial group Cemex bought the Assiut Cement Company (ACC), a cement manufacturer with a production capacity of 5.4m tonnes per year.
Recommended articles
Building materials
09/10/2020 at 15h36, by Tarik Bargal
Emaar delays final cement plant payment owed to Egyptian company Helwan
More than two years after the takeover, the Dubai-based group has still not paid its entire €36m bill,...
Building materials
11/06/2020 at 15h38, by Mathieu Galtier
Cement/Tunisia: Karateka Hannibal Jegham plans to join forces with Chinese giant CNBM, the IFC, and the EIB
Jeune Afrique Business+ investigates.