Twiga Cement acquires 95% stake in Mamba Cement for $16M

Tanzania Portland Cement Co (Twiga Cement) acquired a 95% stake in limestone extractor Mamba Cement Company for TZS42 billion ($15.94 million) from Sura Holdings Ltd. The acquisition secures access to limestone reserves for cement production.

“During the year, TPC Plc acquired a controlling interest in Mamba Cement Company Ltd, a company whose principal activity is to extract limestone.”cemnet.com

• 1 source
• cemnet.comTwiga Cement acquires limestone firm Mamba for US$16mJun 24, 2025

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