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Nyumbia Ya Akiba – a new generation cement plant at Kinshasa

A 50/50 joint venture by Lucky Cement and the RAWJI Group, the US$225 million funding package will see the construction of a cement plant producing 1.8 million tonnes a year.

November 2015

Luck Cement / Rawji

Democratic Republic of Congo
Democratic Republic of Congo
Infrastructure Components & Equipment
Infrastructure Components & Equipment
Overall: US$ 270m
EAIF: US $30m

It is at least 40 years since the Democratic Republic of Congo (DRC) had a new large cement plant. It is a sign of confidence in the economy that a private sector foreign direct investor decided to build a new facility.

Emerging Africa Infrastructure Fund played a central role in bringing together a finance group and subsequently filled a funding gap.  With a dependable local source of supply, the construction and development sectors can plan with greater confidence. Components for infrastructure that need cement can now be manufactured locally.

600 people will construct the plant and 300 employed full time when complete. It is estimated that the plant will provide the DRC’s public finances with income tax receipts of some US$24 million a year.

Applying for project support

If you are looking for debt finance for an infrastructure project in sub-Saharan Africa please talk to us.

EAIF mainly supports private sector infrastructure projects to create new or expand existing facilities. We welcome enquiries from companies in Africa and worldwide that want to grow their businesses in sub-Saharan Africa and share our commitment to the continent and its peoples. Enquiries are also welcome from  financial advisers and specilaist consultants.