Wed, 25-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Savannah Cement Picks Chinese Firm to Construct $300 Million Plant

    Eunniah
    By Eunniah Mbabazi
    - December 09, 2022
    - December 09, 2022
    Kenya Business newsManufacturing
    Savannah Cement Picks Chinese Firm to Construct $300 Million Plant

    Savannah Cement Limited has contracted China-based Sinoma International Engineering to construct its Kitui cement plant at $300 million.

    The company will build an 8,000 tonnes per day clinker plant together with a 2,400 cement grinding plant, 35MW captive power plant, 13MW waste-heat recovery system, and associated ammenities.

    The project, to be located in Mwingi North, is scheduled to begin immediately and will take approximately two years to complete.

    Further, the project will employ 5,000 workers during construction, and another 10,000 upon completion.

    “Within five years of initial clinker extraction, we will replace fossil fuel-based power requrements with a combination of solar power and thermal recirculation,” said Benson Ndeta, the Chairman of Savannah Clinker Limited.

    Sinoma International is one of the largest Cement Factory Contractors in the world, and, just this month, has also bagged a contract for the expansion of Dangote Cement in Nigeria for $500 million and MIDROC Cement in Ethiopia for $282 million.

    See Also:

    Mauritian Firm to Acquire 60% Stake in Savannah Cement

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa