China continued its investment in Africa’s infrastructure—and in South Africa’s deep need for cement—when a Chinese cement maker formed a partnership to build a plant with two South African companies. Jidong Development Group, the largest cement producer in northern China, has signed a partnership with South Africa’s leading black-women-owned company, Women Investment Portfolio Holdings Limited (WIPHOLD), and with limestone mining firm Continental Cement. The deal is for construction of a new $218-million cement plant in Limpopo, the northernmost province of South Africa. The venture for the 2,500-tons-a-day cement facility also involves the China-Africa Development Fund (CAF Fund), a leading Chinese
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.