Anas Sefrioui is redirecting millions of dollars in investment from Europe toward Africa as he expands his cement and industrial footprint in Gabon through a new manufacturing push aimed at supporting regional infrastructure growth. The expansion highlights increasing confidence among African industrialists in the continent’s long-term construction and urbanisation potential.
Sefrioui, founder of Addoha Group and a major player in North and West African construction markets, has steadily expanded across several African countries through investments in cement production, housing, and industrial materials. Business Insider Africa says Gabon’s infrastructure ambitions and rising demand for locally produced building materials have made the country increasingly attractive for industrial investors.
The new cement expansion is expected to support construction activity, reduce reliance on imported materials, and create jobs within Gabon’s manufacturing sector. Industry experts note that African cement demand continues to rise alongside rapid urban growth, transport projects, housing development, and government-backed infrastructure programmes across the continent.
Market observers say Sefrioui’s investment shift reflects a broader trend of African billionaires prioritising regional opportunities amid slower growth and tighter investment conditions in parts of Europe. They add that growing intra-African industrial investment could play a major role in strengthening local manufacturing capacity and regional economic integration over the coming decade.
