Angola Cement Market Size, Share and Growth Analysis Report - Forecast Trends and Outlook (2025-2034)

The Angola cement market size reached a volume of 2.89 MMT in 2024. The market is projected to grow at a CAGR of 6.20% between 2025 and 2034 to reach nearly a volume of 5.27 MMT by 2034. This can be attributed to the rising investments by international agencies in Angola’s infrastructure development and rising demand for green cement across industries.

Angola Cement Market Report Summary

Market Size 2024

• MMT
• 2.89

Market Size 2034

• MMT
• 5.27
• CAGR 2025-2034
• 6.20%

CAGR 2025-2034 - Market by Province

• Luanda
• 7.1%

CAGR 2025-2034 - Market by Province

• Benguela
• 6.6%

CAGR 2025-2034 - Market by Type

• Blended
• 6.9%

CAGR 2025-2034 - Market by End Use

• Infrastructural
• 6.7%

Angola Cement Market Growth

Angola has a 76,000 km long network of roads and highways, with only 18% of it being asphalted roads. This has prompted the national government to approve a road development programme for nearly USD 421.3 million to boost economic growth and regional connectivity. The project is also expected to receive aid worth USD 94 million from the Africa Finance Corporation, and additional funding packages from the Standard Chartered Bank, the US Private Export Funding Corporation, and Export-Import Bank of the US. This is expected to contribute to the growth of Angola cement market size in the coming years.

In 2020, the per capita cement consumption in sub-Saharan African countries increased slightly to 113 kg. The Sub-Saharan region accounts for nearly 47% of the total cement production in the continent at around 90.1 MT annually. This includes Angola, where companies are making substantial investments into expanding their existing production capacity. In 2020, the cement production capacity of Africa increased to 386.1 MT per annum, while capacity utilization is expected to soar in the coming years. This is expected to positively influence the Angola cement market development.

Key Trends and Developments

Focus on increasing cement exports, rapid population growth, shift towards green cement, and privatisation of cement companies are the major factors driving the Angola cement market growth.

January 2025

Angola’s Minister of Commerce and Industry laid the foundation for the construction of the SLN cement and clinker production factory in Catumbela, Benguela which is expected to propel the development of the domestic real estate and construction industry in the coming years. This is one of the key Angola cement market trends.

January 2024

Dubai Investments International Angola launched a flagship mixed use development project in Angola comprising of industrial, residential, and commercial hubs. The project is expected to integrate renewable energy and smart water management solutions, among other futureproof sustainability measures. This is expected to lead to the Angola cement market growth in the coming years.

December 2023

Nova Cimangola is under preparation to start the production of low carbon cement at its new facility in Luanda. This is in line with the increasing emphasis of the government of Angola to encourage the production of green cement, which requires a lower amount of water and energy consumption. This is creating a favourable Angola cement market outlook.

June 2022

The government of Angola decided to privatise Seci Lobito, the nation’s fourth largest cement producing company to attract greater private investment into the economy. This move aligns with its Privatization Program (PROPRIV), which aims to privatize 195 state-owned enterprises, thereby fostering economic diversification and enhancing operational efficiency. This is expected to facilitate the Angola cement market expansion over the forecast period.

Focus on increasing cement exports

In H1 of FY 2021-22, Angola exported USD 13.2 million worth of cement, which was ranked as the topmost exported commodity on the list of items under the Program to Support Production, Export Diversification, and Import Substitution (PRODESI). The construction of new cement production factories is expected to sustain this trend, thereby facilitating Angola cement market expansion.

Rapid population growth

As per the World Population Reference Bureau, Africa had a population of nearly 1.338 billion people in mid-2020 with nearly 43% of it residing in urban areas. By 2035, the population is expected to reach 1.887 billion individuals by recording an annual growth rate of 2.6%. This is expected to increase the demand for new residential projects and housing units, thereby accelerating the demand for cement. This is favourably shaping the Angola cement market dynamics.

Shift towards green cement

Cement companies in Angola are adopting eco-friendly manufacturing practices, including the use of alternative fuels and reducing carbon emissions. These initiatives align with global sustainability goals and improve operational efficiency. By embracing green technologies, manufacturers are enhancing their market appeal and addressing environmental concerns. This is one of the key Angola cement market trends.

Privatisation of cement companies

Privatisation of state-owned cement companies, like Secil Lobito, is attracting private investors, fostering innovation, and improving operational efficiency. These initiatives align with Angola’s broader economic reforms, creating a competitive market environment. Private ownership is expected to enhance technology adoption and production capabilities, boosting the overall cement sector's performance.

Angola Cement Market Trends

The rising demand for affordable housing in Angola is a key driver of cement market growth. Government initiatives to address urbanisation and housing shortages have led to increased residential construction projects. This has created a consistent need for cost-effective and durable cement solutions. Local manufacturers are expanding production capacities and innovating affordable products to meet this demand. This is leading to the growth of Angola cement market revenue. Additionally, infrastructure projects accompanying housing developments further amplify cement requirements. By focusing on affordability and quality, the cement industry is playing a vital role in supporting Angola’s economic development and improving housing accessibility, fostering long-term market stability and growth.

Angola Cement Industry Segmentation

The report titled “Angola Cement Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type:

• Blended
• Portland
• Others

Market Breakup by End Use:

• Residential
• Commercial/Institutional/Industrial
• Infrastructural

Market Breakup by Region:

• Luanda
• Benguela
• Huíla
• Cabinda
• Huambo
• Others

CAGR 2025-2034 - Market by

• Province
• Luanda
• 7.1%
• Benguela
• 6.6%
• Huíla
• Huambo
• Cabinda
• Others

Leading Companies in the Angola Cement Market

Major market players, including Nova Cimangola and Secil Lobito, are investing in modernising production facilities and expanding capacity to meet rising domestic demand. They are adopting sustainable practices, such as alternative fuels, to reduce emissions. Companies are also exploring export opportunities to neighbouring countries and focusing on affordable solutions for government-led housing projects. This is creating a favourable Angola cement market outlook.

Cimenfort

Cimenfort was founded in 2012 and is headquartered in Benguela province near Lobito port. It is one of Angola’s largest manufacturers of plaster putty, agricultural limestone, and cement products.

Secil - Companhia Geral de Cal e Cimento, S.A. (“Secil”)

Secil - Companhia Geral de Cal e Cimento, S.A. (“Secil”) was founded in 2004 and producers 350 thousand tons of cement annually in Angola. It is a part of the Secil Group, a Portuguese company that produces over 9.75 million tonnes of cement annually.

Nova Cimangola

Nova Cimangola was founded in 1957 and is headquartered in Luanda. The company alone produces over 2.5 million tons of cement annually, which is sufficient for fulfilling domestic requirements.

Fábrica de Cimento do Kwanza-Sul, SA (FCKS)

Fábrica de Cimento do Kwanza-Sul, SA (FCKS) was founded in April 2003 and is headquartered in Kwanza Sul Province. It producers over 1,728,000 tons of cement annually and 144,000 tons of clinker each month.

Other players included in the Angola cement market report are Fábrica de Cimento do Kwanza-Sul, SA (FCKS), among others.