Lafarge Africa Plc
| Rank | 43 |
| BSM Rating | 48 |
| YoY | -11 |
| Year of Establishment | Incorporated February 1959. |
| Website | www.lafarge.com.ng |
| Headquarters | 27B Gerrard Road, Ikoyi, Lagos. |
| MD / CEO | Lolu Alade-Akinyemi |
| Ownership Change | Major Strategic Shift (2025): Holcim Group sold its 83.81% equity stake to Huaxin Cement (China) for ~$1 Billion, marking Holcim’s exit and Huaxin’s entry into the Nigerian market. |
| Financial Performance | 9M 2025 Revenue: ₦780.5 Billion (+63% YoY); PAT: ₦207.8 Billion (+246% YoY). (Rank drop reflects market uncertainty around the ownership transition despite strong earnings). |
| Flagship Products | Elephant Cement, Supaset, ECOPlanet (Low Carbon Cement), and ECOCrete (Low Carbon Concrete). |
| Best Known As | A cement giant in transition, moving from European (Holcim) to Chinese (Huaxin) parentage, while maintaining leadership in green building solutions and sustainable infrastructure. |
Lafarge Africa Plc is a leading player in Nigeria’s building materials sector, known for its high-quality cement, aggregates, and concrete solutions that have become essential to the country’s infrastructure and construction industry. Established in 1959, Lafarge Africa has consistently delivered innovative, sustainable, and reliable building solutions that support urban development and economic growth across Nigeria.
The brand’s portfolio includes Cement, Readymix Concrete, Aggregates, and Building Solutions, with flagship brands such as Portland Cement, Ashaka Cement, and Readymix Concrete. These products are recognized for their consistent quality, durability, and performance, making them the preferred choice for residential, commercial, and industrial construction projects nationwide.
Lafarge Africa operates state-of-the-art production facilities across Nigeria that adhere to Nigerian Industrial Standards (NIS), ISO certifications, and environmental compliance standards, ensuring products meet both local and international benchmarks. The company’s focus on operational excellence, safety, and quality control underpins its reputation as a reliable provider of building materials.
Economically, Lafarge Africa contributes significantly to employment, industrial development, and the construction ecosystem, providing direct jobs to thousands of Nigerians while indirectly supporting contractors, distributors, and local suppliers. Its investments in local manufacturing and sourcing have strengthened Nigeria’s industrial base and promoted sustainable economic growth.
Lafarge Africa is also committed to corporate social responsibility (CSR) and sustainability initiatives, focusing on education, environmental stewardship, health, and community development. Programs such as Lafarge Holcim Foundation projects, school infrastructure development, and environmental conservation campaigns have positively impacted communities across Nigeria.
The company has received numerous awards and recognition for operational excellence, corporate governance, sustainability leadership, and industry innovation, reflecting its position as one of Nigeria’s most respected industrial brands. Lafarge Africa is consistently ranked among Nigeria’s Top 50 Brands, highlighting its market influence and commitment to quality.
Through its iconic brands, commitment to sustainability, and investment in Nigeria’s construction and industrial development, Lafarge Africa Plc remains not just a manufacturer of building materials but a key partner in shaping the country’s infrastructure, economic growth, and urban development.
