# Rwanda government to sell 49% stake in Cimerwa cement

The Rwandan government plans to sell its 49% stake in cement maker Cimerwa, which is 51% owned by South Africa's PPC Ltd, by the end of March 2019.

- Type: Acquisition
- Announced: 2019-03-10
- Where: Rwanda
- Status: announced
- Capacity: 600,000 tonnes per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [PPC Ltd](https://endata.com/companies/22158.md) (partner)
- [Cimerwa](https://endata.com/companies/37893.md) (target)

## Sources

- [mining.com](https://www.mining.com/web/rwanda-aims-sell-stake-cement-firm-cimerwa-month/), 2019-03-10: "We have asked our partners if they are interested and the timeline is one month."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.