Bamburi Cement seeks 1 million-ton deal as Bamburi Cement stock stays suspended

Published on 10/19/2026 at 03:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lamu refinery work could require 1 million tonnes of cement. Bamburi Cement stock stays suspended after six-month profit reached KES 1.37 billion.

Supply opportunity and operating scale

Bamburi pursued a 1 million-tonne refinery supply opportunity on October 2, 2026.
First-half profit reached KES 1.37 billion for the period ended June 30, 2026.
Bamburi's kiln operated at temperatures of up to 1,500 degrees Celsius on September 24, 2026.

BAMB, KE0000000059, Illustration mit AI erstellt.

Bamburi Cement (ISIN KE0000000059) is pursuing an opportunity to supply 1 million tonnes of cement and concrete for the planned Dangote refinery in Lamu. KBC reported the proposal on October 2, 2026, saying the project could require that volume during construction.

Refinery opportunity carries scale

The proposed refinery is designed for 700,000 barrels of crude oil per day, while Bamburi intends to supply from its Mombasa plant. Cemnet reported on October 2, 2026, that the company plans to offer DuraCem 42.5-grade cement and Ultra-series concrete products.

The commercial opportunity comes alongside a KES 32 billion clinker expansion at Matuga. The project is expected to add 1.6 million tonnes of annual clinker capacity, lifting clinker capacity from 1 million tonnes to 2.6 million tonnes and cement capacity from 1.8 million tonnes to 4 million tonnes, according to Cemnet.

What supports the expansion?

Bamburi reported profit of KES 1.37 billion for the six months ended June 30, 2026, while operating cash flow reached KES 2.25 billion versus an outflow of KES 290 million in the comparable period. Africa Digest News reported those figures on October 7, 2026. The comparison points to stronger cash generation alongside the higher profit figure.

Three dated milestones

On August 31, 2026, the six-month results were listed with profit of KES 1.37 billion. On September 24, 2026, Bamburi said its kiln helped destroy more than one tonne of narcotics valued at more than KES 8.2 billion in a company release. On October 2, 2026, the refinery supply opportunity was reported with the 1 million-tonne construction requirement.

Trading status and investor context

Bamburi shares are suspended on the Nairobi Securities Exchange, and KenyaStocks identified the last traded date as October 9, 2026. The company is a Kenyan cement and concrete producer whose operating scale is now tied to both the Lamu opportunity and the Matuga expansion.