CIMAF invests 40 million euros in Gabon to expand cement production

fr.le360.ma (French)

Moroccan cement firm CIMAF is investing 40 million euros in Gabon to modernize its facilities and add a third production line. The Gabonese state is increasing its stake in the local subsidiary to 20%, establishing shared governance. This move aligns with Gabon's economic sovereignty policy. This investment reflects CIMAF's strategic shift towards Africa and Gabon's efforts to diversify its economy beyond oil.


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CIMAF invests 40 million euros in Gabon to expand cement production | News Minimalist