Kenya: Barreling ahead in East Africa

Optimism returns to the Kenyan cement market. The ÔÇ£wait and seeÔÇØ sentiment that recently overwhelmed the industry turns into a scramble to get ahead. Kenyan cement companies hit the brakes in 2012 when the industry reached the lowest growth rate in the last ten years.

However, going forward the fortunes are expected to turn as cement demand is projected to expand 10 percent per year on average and exceed 6.3 million tons annually by 2017. Kenya's cement consumption per capita is also forecasted to reach an important milestone in 2014 when it will surpass for the first time in its history 100 kilos per inhabitant.

Read the rest of the article in the CemWeek Magazine issue 14.