National Cement Share Company

Ethiopia Business services

National Cement is one of the largest privately owned cement companies in Ethiopia, operating two cement production plans in Dire Dawa with a total production capacity of approx 1.2 million tons per year.

We are invested in National Cement Share Company through SGI Ethiopia Growth and Transformation Fund, which is managed by Schulze Global Ethiopia GP. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts


Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

Africa, East Africa

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

Business services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

Intermediated investment
SGI Ethiopia Growth and Transformation Fund
Fund Manager:
Schulze Global Ethiopia GP
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

February 2013

This is the investee company’s place of incorporation; or a fund’s jurisdiction.