LafargeHolcim Invests MAD 470 Million in Cameroon Cement Factory

Rabat – LafargeHolcim Maroc Afrique is extending its activities to the Cameroon. The cement leader, through its subsidiary Cimencam, has launched the construction of a new plant in Nomayos, near Yaoundé.In a press release published by the company, the cement giant announced the construction of a new plant with a capacity of 500,000 tons. The future facility will enable Cimencam to reach an overall volume of 2 million tons per year, enough to satisfy the Cameroonian demand and that of the neighboring countries.With a total investment of MAD 470 million, the project will enable the social, economic and environmental development of the region, according to LafargeHolcim. The project has recently been presented to elected officials and the population of the Nomayos region, attended by Emmanuel Rigaux, Managing Director of LafargeHolcim Maroc Afrique and Cimencam’s Chief Executive Officer, Pierre Damnon. With its 2 million tons of cement, Cimencam will become the top cement factory in Cameroon in terms of production capacity, added the company.Created in July 2016, LafargeHolcim Maroc Afrique (LHMA) is a joint venture between the Société nationale d’investissement (SNI) and the LafargeHolcim group.With the acquisition of 50% of SCB Lafarge Benin, 54.74% of Cimencam and LafargeHolcim Côte d’Ivoire, LafargeHolcim Maroc Afrique is gradually expanding its commercial and industrial facilities on the continent. read more

Ban reiterates support for interagency collaboration on migration and development

“We should focus on practical steps that will bring the Global Migration Group (GMG) closer to the people we serve,” Mr. Ban told the audience at an event organized on the sidelines of the High-level Dialogue on International Migration and Development convened by the UN General Assembly.The event, organized by the GMG, aims to discuss the work, priorities and future directions of the Group with participants at the dialogue. The primary aim of the Group, comprising 14 UN agencies, the World Bank, and the International Organization for Migration (IOM), is to improve the management of cross-border migration, to promote further research and to develop international norms relating to migration.In his remarks, Mr. Ban commended the Group for presenting “strong evidence on migration’s impact on development.”He also noted the GMG’s work to highlight the human rights challenges which Mr. Ban said are a “central part” of the picture.The Group has underlined that migrants are the main protagonists in the migration-development debate, and as such should be at the centre of deliberations at the dialogue which concludes today in New York.“Migrants are not commodities or factors of production,” the current Chair of the GMG, Director General of IOM, William Lacy Swing, said in a news release ahead of addressing the General Assembly debate.“They are mothers and fathers seeking a better life for their families. They are young people using their talents to realize their dreams and ambitions. They are individuals trying to escape discrimination, poverty and conflict. They are our neighbours, relatives, friends, employers, or colleagues,” Mr. Swing said.Mr. Ban has said that Mr. Swing is leading the GMG with “great energy and vision” during a critical junction.The UN International Labour Organization (ILO) will take the six-month rotating chair in 2014. read more