Lafarge Africa Plc, a leading Sub-Saharan Africa building solutions company and member of LafargeHolcim, a world leader in building solutions, accelerating our world’s green transformation has confirmed its commitment of building for people and planet through strategic investments in technological advancement to drive efficiency which has positively resulted in improved bottom-line for all stakeholders.
Speaking on initiatives to further sustain the performance of the company, the Chief Financial Officer and Supply Chain Director, Mr Lolu Alade-Akinyemi said that Lafarge Africa is building an organisation of the future that is agile and innovative with a strong technical and commercial acumen that will ultimately create value for all stakeholders.
While noting that Lafarge Africa has invested in key structures to simplify its crucial processes without compromising on control, he stated that the firm has created management dashboards to improve decision-making processes as well as the application of data to create insights, and proactively identify opportunities and manage risks.
Mr Lolu Alade-Akinyemi said: “the ability of our team to capture and realize market opportunities despite challenges of the global pandemic contributed significantly to our performance last year. Also, we have redoubled our investment in technology, specifically artificial intelligence (AI) as it is a game-changer that will make us more competitive in the marketplace”.
He further emphasized that Lafarge Africa was able to respond swiftly to the COVID-19 lockdown in line with its Health, Cost and Cash Initiatives that catered for the health of employees, contractors as well as host communities, and other stakeholders.
Asserting that the company is committed to its current growth trajectory despite the challenging and dynamic operating system in Nigeria, he said: “At Lafarge Africa Plc, we can see the growth opportunities in Nigeria despite all the macroeconomic challenges and complexities in the operating environment and our medium to long-term outlook remains positive.”
Lafarge Africa Plc has steadily maintained positive results and it has a distinguished pedigree in its over 60 years of operations in Nigeria.
Source: Tribune Online
