In around 60 countries across the world, HeidelbergCement stands for competence and quality. In the 140 years since its foundation in 1873, HeidelbergCement has grown from a regional cement manufacturer with one plant in Heidelberg to one of the world’s leading building materials groups.
With the acquisition of Italcementi, HeidelbergCement is the number 1 producer of aggregates, the number 2 in cement, and number 3 in ready-mixed concrete worldwide. The enlarged Group has activites in around 60 countries with 58,000 employees working at more than 3,000 production sites. HeidelbergCement operates 156 cement plants with an annual cement capacity of 194 million tonnes, more than 1,700 ready-mixed concrete production sites, and over 600 aggregates quarries.
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Dangote Cement Plc is Sub-Saharan Africa’s leading cement company, with a production capacity of 52.0 million tonnes per year across ten countries. Together, these operations make us the largest cement producer in Sub-Saharan Africa
Norfund is the Norwegian Investment Fund for developing countries, investing to create jobs, improve lives and support the transition to net zero. We invest equity or debt in private companies and projects on commercial terms, as a responsible minority investor working closely with partners. Through local presence we seek solutions designed for the countries in which we invest and we hire mainly local staff in the regions.
Norfund's geographical main focus is on Sub-Sahara Africa, where the fund has three regional offices (Nairobi, Cape Town and Accra). In addition, Norfund invests in selected countries in Asia and Latin America, with regional offices in Costa Rica and Bangkok.
Norfund has three investment mandates:
• Development: Create jobs and improve lives by investing in businesses that drive sustainable development
• Climate: Investing in the transition to net zero in developing countries
• Ukraine: supporting reconstruction and building a resilient economy.
Under the Development Mandate and Ukraine Mandate, we invest in Renewable Energy, Financial Inclusion, Scalable Enterprises (comprising of Agriculture & Manufacturing and Investment Funds) and Green Infrastructure (Water and Waste management). Under the Climate Mandate we invest in Renewable Energy.
Norfund is owned and funded by the Norwegian Government and is the Government’s most important tool for strengthening businesses that create jobs and reduce poverty in developing countries.
For more details, please visit: www.norfund.no
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