Raysut Cement has reportedly renewed its Somalia distribution agreement with Barwaaqo Cement Company LLC for an estimated US$49m, covering September 15, 2026, to September 14, 2027. Global Cement reported the value and dates; they have not been confirmed here by a primary company or exchange notice.
Who is distributing Raysut cement in Somalia?
The reported distributor is Barwaaqo Cement Company LLC, based in Mogadishu, according to Raysut’s official notice about the preceding agreement. Global Cement identifies Barwaaqo as the counterparty to the renewal.
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What is the reported value and term?
Global Cement puts the renewal’s estimated value at US$49m and says it is valid from September 15, 2026, through September 14, 2027. These are reported terms, not figures confirmed by a retrieved renewal filing.
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How does the renewal compare with the previous agreement?
| Agreement | Estimated value | Term or end date | Source |
|---|---|---|---|
| Previous agreement | Approximately US$45m annually | Signed November 9, 2025; remained in effect until September 14, 2026 | Raysut Cement official notice, 2025 |
| Reported renewal | US$49m | September 15, 2026–September 14, 2027 | Global Cement report, 2026; primary confirmation not retrieved |
The US$45m figure belongs to the earlier agreement and should not be confused with the reported US$49m renewal value.
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What does the agreement mean for supply and production?
The renewal report says the deal is expected to support improved production capacity and increased financial returns. Those are expectations, not reported results. Raysut’s earlier notice likewise anticipated a positive contribution to capacity optimization and overall returns.
Raysut reported annual group capacity of approximately 3.47 million tonnes of clinker and 5.70 million tonnes of cement in September 2026. These are company-wide capacity figures, not Somalia contract allocations, shipment volumes, or a measure of how much cement Barwaaqo will distribute.
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What remains unconfirmed?
The exact renewal terms are attributed to Global Cement because a primary Raysut renewal announcement or Muscat Exchange filing confirming the US$49m value and dates was not available in the cited reporting. No contract tonnage, product grade, shipment schedule, or named-person quotation about the renewal has been established.
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