National Cement completes buyout of 99.94% stake in Rwanda's Cimerwa

Kenya's National Cement Company, part of Devki Group, completed the acquisition of a 99.94% stake in Rwanda's Cimerwa Plc for $84.3 million.

“We will be heavily investing in the business and transforming Rwanda to a self-sustaining country in terms of all cement-related products.”businessdailyafrica.com

• 1 source
• businessdailyafrica.comDevki’s National Cement completes buyout of Rwanda-based Cimerwa - Business DailyMOSES GAHIGI, Edna MwendaJan 29, 2024

Summarized from public sources; check the original articles before acting on it.