ARM Cement in Sh 6.5 Billion loss

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ARM Cement in Sh 6.5 Billion loss

Special Correspondent - June 2, 2018

ARM’s net losses widened 2.3 times to Sh6.5 billion in the year ended December on the back of lower sales and thinner profit margins. The...

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Canon Central & North Africa (CCNA) (www.Canon-CNA.com), a leading provider of imaging solutions, successfully hosted its annual Dealer Conference at Conrad Hotel, Dubai. Themed “ICE: Innovation, Customer, and Experience,” this year’s edition carried special significance as CCNA celebrated its 10-year anniversary. The exclusive event brought together 100 partners from across Africa to explore Canon’s strategic direction, celebrate milestones, and experience immersive solution-driven zones designed to address evolving market needs. Aligned with Canon’s strategy of getting closer to customers and enhancing customer experience, the conference served as a platform to strengthen partnerships and share a forward-looking business vision. Attendees gained insights into market trends, CCNA’s strategic growth plans, and innovations designed to meet Africa’s diverse imaging requirements. To facilitate a comprehensive understanding of Canon’s diverse offerings, this year’s conference introduced strategically curated zones designed to deliver solution-oriented and vertical-focused experiences. Rather than showcasing products in isolation, each zone was thoughtfully crafted to demonstrate how Canon’s technologies integrate into real-world environments, addressing the evolving needs of customers and partners across industries. Business-To-Consumer Zones: Strategic, Solution-Led Experiences To facilitate a comprehensive understanding of Canon’s offerings, this year’s conference introduced strategically curated B2C zones, shifting the focus from product showcases to solution-oriented, vertical-focused experiences. The zones highlighted Canon’s legacy in cameras and printers, geographical growth, and strong positioning across key environments such as media agencies, workspaces, production studios, and educational spaces. Attendees experienced how Canon’s imaging and printing technologies seamlessly integrate into real-world scenarios- from dynamic content creation and professional production setups to hybrid office solutions, education programs, and after-sales support through authorized service centers. A preview of upcoming product campaigns added momentum to Canon’s continued innovation journey. Rashad Ghani, B2C Business Unit Director, said: “Celebrating 10 years of Canon Central & North Africa made this year’s conference truly special. It was a great opportunity to connect with our partners, share our vision, and showcase how Canon’s solutions seamlessly integrate into real-world environments. By shifting from product displays to solution-led experiences, we’re empowering partners to meet evolving customer needs and drive business growth. I also congratulate our award-winning partners for their outstanding contributions to Canon’s success.” Business-To-Business Zones: A Unified Journey – Past, Present & Future The B2B zones followed a unified storytelling journey, strategically illustrating Canon’s evolution from its legacy of workspace and professional solutions, to the launch of the new imageFORCE series that represents the next step in intelligent, platform-driven offerings, and a forward look at upcoming innovations such as new imageFORCE models, varioPRINT, LabelStream, and corrugated solutions. This approach underscored Canon’s commitment to delivering intelligent, scalable solutions that enhance productivity and enable business growth across Africa. Amine Djouahra, B2B Business Unit Director, said: “This conference was a strategic platform to highlight Canon’s unified B2B journey, where legacy meets innovation and future ambitions. Our focus goes beyond products; it’s about enabling businesses with intelligent, scalable solutions that drive efficiency, productivity, and growth. Through this strategy, we continue to strengthen partnerships and position Canon as the trusted technology ally for businesses across Africa. I would also like to commend all our partners who have been recognized for their outstanding achievements- their dedication has been integral to Canon’s success”. The event concluded with a gala dinner and awards ceremony, honoring top-performing partners for their exceptional contributions to Canon’s growth. The celebrations highlighted a decade of collaboration and success.

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As global carbon markets shift from rule‑setting to real transactions, with Article 6 mechanisms advancing and compliance‑driven demand such as CORSIA coming into sharper focus, attention is turning to where credible supply and policy certainty can be delivered at scale. For Africa, this marks a transition from carbon market readiness to delivery. Against this backdrop, the Carbon Markets Africa Summit (CMAS) 2026 will take place from 13–15 October 2026 in Kigali, Rwanda, bringing together policymakers, investors, buyers, project developers and market enablers at a pivotal moment for global carbon markets. The Summit is delivered with the support of the Ministry of Environment of Rwanda, in partnership with the United Nations Development Programme (UNDP), the African Development Bank (AfDB), the Development Bank of Southern Africa (DBSA) and AUDA‑NEPAD, and with support from private sector partners such as SGS and Anthesis. Rwanda has emerged as one of Africa’s most advanced carbon market jurisdictions, with active engagement under Article 6 of the Paris Agreement and a strong focus on mobilising climate finance. “Rwanda has made a deliberate choice to position carbon markets as a tool for climate action, investment mobilisation and long-term development,” said Dr. Bernadette Arakwiye, Minister of Environment, Rwanda. “Hosting CMAS 2026 reflects our commitment to building credible and investable carbon projects that deliver real value for our economy, communities and climate goals.” At a continental level, carbon markets are increasingly seen as a strategic financing mechanism for development. “The Summit provides a timely platform for African countries to shape the future of carbon markets in line with the continent’s development priorities, and reflects the growing momentum to build credible, high-integrity markets that deliver real value”, said Olufunso Somorin, Regional Principal Officer, Climate Change and Green Growth Programme, African Development Bank. “The Bank remains committed to working with our countries and partners to strengthen the policy, regulatory, and institutional frameworks needed to scale carbon markets, attract investments, and ensure Africa is well-positioned in global carbon markets.” “As Africa transitions to a low‑carbon economy, the mobilisation of private capital is needed at scale to support climate mitigation activities and build climate‑resilient infrastructure,” said Kumesh Naidoo, Carbon Markets Lead at the Development Bank of Southern Africa (DBSA). “As a regional DFI, the DBSA recognises the importance of carbon markets as a climate finance tool and has intentionally stepped forward to support their development through carbon financial instruments, capacitation support and the building of a robust carbon project pipeline. Partnering with CMAS 2026 provides the DBSA with a platform to advance these objectives.” CMAS 2026 is held under the theme: “Africa’s Carbon Markets on the Global Stage: Delivering a Strong Pipeline of Projects, Capital and Transactions at Scale”. As scrutiny on carbon market integrity intensifies, Africa’s carbon assets are increasingly viewed as tools for financing development and strengthening economic sovereignty. “High‑quality carbon markets offer Africa a unique opportunity to translate its vast natural capital into tangible economic value – mobilising finance at scale while empowering countries to pursue development pathways that are both sustainable and sovereign,” said Maxwell Gomera, UNDP Resident Representative in South Africa and Director of the Africa Sustainable Finance Hub. Designed as a market‑enabling platform, CMAS 2026 focuses on alignment between policy, capital and delivery. “We are deliberately shifting the focus from readiness to delivery,” said Emmanuelle Nicholls, Group Director: Green Economy at VUKA Group, the Summit organisers. “CMAS brings policy, capital and projects into the same space to support real transactions and long‑term market credibility.” The programme includes Article 6 and CORSIA workshops, investor and buyer roundtables, curated project presentations, deal rooms and solution‑labs addressing key bottlenecks such as early‑stage finance, MRV capacity and authorisation in practice. Ministerial roundtable and targeted networking formats support coordination and commercial outcomes. Register: https://apo-opa.co/49Kcmpy Get involved: https://apo-opa.co/3R8m6DR

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ARM Cement in Sh 6.5 Billion loss

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