Tanzania’s Amsons Group has tightened its grip on Kenya’s cement industry after its subsidiary, Bamburi Cement Plc, announced plans to build a $250 million clinker plant in Kwale County, a move aimed at cutting reliance on imports and stabilising cement prices.
Bamburi, majority-owned by Amsons, this week signed an agreement to establish a Sh32 billion clinker production plant to reduce dependence on imported clinker and deliver competitively priced cement to Kenya’s construction sector.
