Tanzanian Tycoon Invests Sh25.8bn in Portland Cement

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Tanzanian Tycoon Invests Sh25.8bn in Portland Cement
Tanzanian Tycoon Invests Sh25.8bn in Portland Cement

Africa-Press – Tanzania. East African Portland Cement (EAPC), is expected to increase its production fourfold in the next three years after the main investor pledged to inject $200 million (Sh25.8 billion) into the business.

Kalahari Cement, a subsidiary of Tanzanian conglomerate, Amsons Group, that holds a controlling 69 per cent stake in EAPC, will offer the financial and equipment modernisation support to increase its capacity to nearly four million tonnes of cement per annum from the current 1.3 million tonnes.

Speaking during a familiarisation tour at EAPC’s plant in Kajiado, Amsons Group managing director Edha Nahdi confirmed that plans are at an advanced stage to facilitate investments to support the strategic business turnaround and modernisation of the firm’s manufacturing infrastructure.

He said his firm will invest in a new energy-efficient grinding and clinkerisation plant to power EAPC’s strategic turnaround.

Nahdi revealed that Kalahari has already commissioned a leading global Engineering, Procurement, and Construction (EPC) contractor to provide a turnkey clinkerisation plant design for EAPC.

The modernisation also includes staff welfare enhancement initiatives.

Staff members of the cement maker have welcomed the recent equity acquisition and business turnaround plans outlined by the Pan-African business conglomerate.

The acquisition, they said, will now clear operating and investment uncertainties that had hindered growth.

The planned capital injection into EAPC by Amson Group highlights the growing investor confidence in responding to progressive industrialisation policies championed by President William Ruto, as part of a national economic and development transformation agenda.

“Last year, we promised to facilitate the full revival and modernisation of EAPC, and we can now confirm that plans to invest more than $200 million in the first phase of the modernisation agenda have been secured,’’ he said.

He added that Amsons Group is putting its money where its mouth is to power Kenya’s development and economic transformation.

“We appreciate that the delivery of the 10-year national development roadmap will be heavily reliant on the local availability of quality cement and concrete products,” Nahdi said.

The investment will see EAPC eclipse sister firm, Bamburi, also bought out by Amsons Group in December 2024, as a market leader.

Bamburi currently controls 32.6 per cent of the total market share in Kenya, producing 1.8 million tonnes of cement per year.

Late last year, it commissioned a Sh32 billion clinker manufacturing plant in Matuga, Kwale County, a move set to more than double the company’s production capacity to 3.4 million tonnes.

Mombasa Cement is second, controlling15.8 percent of the market share, followed by EAPC and Savannah Cement at 15.1 and 15 per cent respectively.

According to the latest (November, 2025) Kenya National Bureau of Statistics Leading Economic Indicators report, cement production reached 9.5 million metric tonnes in the first eleven months of 2025, up from 8.1 million recorded during the corresponding period in 2024.

Similarly, cement consumption for the first eleven months of 2025 rose to 9.3 million metric tonnes, compared with 7.8 million metric tonnes over the same period in 2024.

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