Ethiopia: OCP joins the race against Coca Cola and Dangote for sugar refining
The Moroccan fertilizer giant is one of about twenty companies that have expressed an interest in acquiring some of the thirteen refineries that the Ethiopian government of Prime Minister Abiy Ahmed wants to privatize, according to our exclusive information.
Someone shares this article with you
▪ Ethiopia: OCP joins the race against Coca Cola and Dangote for sugar refining
▪ The Moroccan fertilizer giant is one of about twenty companies that have expressed an interest in acquiring some of the thirteen refineries that the Ethiopian government of Prime Minister Abiy Ahmed wants to privatize, according to our exclusive information.
OCP and its chief executive Mostafa Terrab are studying this opportunity for investment outside its core business area, Jeune Afrique Business+ has learned. However, when approached, the group – which is building a $3.7 billion fertiliser plant in Dire Dawa 400 kilometres north-east of the Ethiopian capital – declined to comment on the subject.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
28/06/2022 at 14h06, by Africa Business+
Coca-Cola gets IFC support for Morocco, Algeria and Ghana
Spanish-owned bottler ECCBC will benefit from a total of €70 million in loans to develop its operations...
26/11/2021 at 16h11, by Africa Business+, updated 29/11/2021
Sugar: Coca-Cola Beverages Africa (CCBA) runs into problems in Ethiopia
The African subsidiary of the multinational has been impacted by the geopolitical crisis.
04/11/2021 at 19h33, by Africa Business+, updated 05/11/2021
Why Coca-Cola opted for IPO for African subsidiary CCBA
Following unsuccessful discussions with its main competitor on a potential divestment, the global drinks...
23/04/2021 at 18h05, by Africa Business+, updated 25/04/2021
The new Coca-Cola’s Africa operating teams around Bruno Pietracci
A McKinsey alumnus who joined the American giant in 2008, the Italian-Brazilian took over the African...
24/03/2020 at 17h17, by Gaëlle Arenson
Four streamlined divisions now report to Mostafa Terrab at the head of OCP Group
These new changes clarify corporate governance at the Moroccan phosphate and fertilizer producer (revenues...
03/01/2020 at 16h10, by Valentin Grille, updated 06/01/2020
Dangote looks to Lafarge for its new CEO, Michel Puchercos
To mitigate the departure of the group chief executive officer, the firm has recruited its new top executive...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : [email protected]
Add AB+ to your home screen
1. Click on at the bottom of your screen.
2. Click on to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.