Business A.M
No Result
View All Result
Friday, February 13, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Company & Business

Lafarge Africa boosts capacity with new Lekki ReadyMix plant

by Onome Amuge
September 1, 2025
in Company & Business
Lafarge Africa generates N268.62bn revenue in Q2 2025

Onome Amuge

Lafarge Africa Plc has strengthened its presence in Nigeria’s construction sector with the commissioning of a new ReadyMix concrete facility in Lekki, Lagos.

The Freedom Plant, unveiled at a ceremony in Lagos, is the latest addition to Lafarge Africa’s ReadyMix operations, which also span Abuja and Port Harcourt. The facility is equipped with three silos capable of storing more than two days’ worth of cementitious material, a capacity the company says will ease supply bottlenecks, improve customer service, and ensure product availability as demand for construction inputs rises in Africa’s largest economy.

“This launch further increases and strengthens our commitment to ‘Building Progress for People and the Planet’. It is not just about production but about expanding the frontiers of innovation and sustainability in our operations, meeting Nigeria’s growing demand locally, and empowering our people through job creation and skills development,” said Lolu Alade-Akinyemi, Lafarge Africa’s group managing director and chief executive. 

The move comes as Nigeria’s construction sector remains a key contributor to growth, despite headwinds from foreign exchange volatility and elevated inflation. Analysts note that demand for cement and concrete products has been buoyed by government spending on infrastructure and a steady pipeline of private real estate and commercial projects, particularly in Lagos, the country’s commercial capital.

Derek Williamson, head of Aggregates and ReadyMix at Lafarge Africa, said the plant was strategically located to deepen the company’s reach in Lagos and complement its broader national footprint. “Freedom Plant will significantly boost our production volumes, improve customer service, and ensure product availability to meet the rising demand in Nigeria’s fast-growing economy,” he said. The facility is also positioned to serve as a platform to roll out EcoCrete, Lafarge’s recently launched sustainable building material, alongside its wider range of ReadyMix products.

Lafarge Africa, majority-owned by Swiss building materials giant Holcim, stated that it has been repositioning itself as a project enabler in Nigeria, targeting infrastructure and housing gaps that require large-scale, durable solutions. The company reported solid financial performance in 2024, with revenues supported by price adjustments and growing demand for sustainable products.

With the commissioning of the Freedom Plant, Lafarge Africa is betting that urbanisation trends, population growth, and public-private partnerships in infrastructure will sustain demand for its products in the medium term.

As Alade-Akinyemi stated  at the launch: “With this additional plant to our ReadyMix operations, Lafarge Africa has a clear strategy as a project enabler, driving quality and innovation forward, and meeting the growing demands of our customers.”

Previous Post

108-year-old Union Bank marks new chapter with Titan Trust merger

Next Post

South African business confidence weakens as US tariffs hit exports

Next Post
South African business confidence weakens as US tariffs hit exports

South African business confidence weakens as US tariffs hit exports

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026
SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

February 10, 2026
inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

February 10, 2026
Egbin Power targets youth employability with tech skills initiative

Egbin Power targets youth employability with tech skills initiative

February 10, 2026

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Nigeria faces cybersecurity emergency as breached accounts hit 23.3 million

Nigeria leads Africa in cyberattacks with 4,701 weekly hits per organisation

February 12, 2026
Nigeria customs approves Lagos Free Zone ‘Green Channel’ to accelerate trade logistics

Nigeria customs approves Lagos Free Zone ‘Green Channel’ to accelerate trade logistics

February 12, 2026
Bayern Munich emerges Europe’s most complete football club in data-led ranking

Bayern Munich emerges Europe’s most complete football club in data-led ranking

February 12, 2026
Capital reforms slow once-buoyant credit insurance market

Capital reforms slow once-buoyant credit insurance market

February 12, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • SIFAX subsidiary bets on operational discipline, cargo diversification to drive recovery at Lagos terminal

    0 shares
    Share 0 Tweet 0
  • inDrive turns to advertising revenues as ride-hailing economics push platforms toward diversification

    0 shares
    Share 0 Tweet 0
  • Egbin Power targets youth employability with tech skills initiative

    0 shares
    Share 0 Tweet 0
  • Reps summon Ameachi, others over railway contracts, $500m China loan

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Nigeria faces cybersecurity emergency as breached accounts hit 23.3 million

Nigeria leads Africa in cyberattacks with 4,701 weekly hits per organisation

February 12, 2026
Nigeria customs approves Lagos Free Zone ‘Green Channel’ to accelerate trade logistics

Nigeria customs approves Lagos Free Zone ‘Green Channel’ to accelerate trade logistics

February 12, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M