Lafarge Africa divests 35% shareholding in Continental Blue Investment Ghana

NIGERIA – Lafarge Africa Plc, a cement manufacturer, has announced to the Nigerian Stock Exchange (NSE) that it has resolved to divest its 35 percent shareholding in Continental Blue Investment Ghana Limited (CBI), a company involved in development, financing and operation of a cement grinding plant in Ghana. The cement manufacturer held an emergency meeting with its board of directors on October 6, 2020, to discuss its investment in CBI. The notice signed by Adewunmi Adole, Lafarge’s general counsel and company secretary, said the decision to sell-off its shares in…

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