Africa Set To Experience Substantial Growth in its Green Cement Market

Africa is set to experience substantial growth in its green cement market, reaching an estimated value of $867.9 million by 2028, up from $485.1 million in 2022. This surge is attributed to new technologies and increased investment in sustainable construction, driven by the continent's potential for large-scale infrastructure projects.

The demand for green cement and concrete is particularly fueled by key initiatives such as hydropower plants, oil refineries, port expansions, and residential and commercial construction projects in countries like Nigeria, Egypt, and Kenya.
 
In a move to support low-carbon cement supply in Burkina Faso, Chad, and Mali, the International Finance Corporation (IFC) provided a €45 million green loan to subsidiaries, including Morocco's Cimat and West Africa's Cimaf. This funding facilitated the construction of a calcined clay production facility in Burkina Faso, aimed at reducing clinker use, improving energy efficiency, and cutting greenhouse gas emissions.
 
German concrete firm Bton is also entering the African market, starting with offerings in Ghana, Kenya, South Africa, and Morocco. Bton's proprietary technology reduces CO2 emissions from cement by approximately 80%, making their product carbon-negative. By incorporating locally sourced materials like desert sand and affordable lightweight aggregates, Bton aims to address the demand for affordable housing in Africa, estimated at around 100 million units over the next few years.

Bton CEO Thomas Demmel highlighted the company's approach, stating, "We reduce the baseline by 70%, and then we overcompensate the remaining CO2 footprint by sinking carbon into the concrete. So we are, overall, climate-positive." This aligns with the need for sustainable construction solutions and the use of abundant local materials in the African context.

Considering UN projections indicating a significant deficit in affordable housing across Africa, with estimates suggesting it could rise to about 200 million by 2030, these green cement technologies and initiatives are crucial for addressing both environmental concerns and the pressing need for accessible housing in the region.


Source : Property Express News - Joycelyn Marigold

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