‘We can do better by investing more’ (Samuel Libock, Sosucam Deputy Managing Director)
Over the next five years, Somdiaa’s sugar subsidiary, Société sucrière du Cameroun (Sosucam), intends to invest 93 billion CFA francs, leveraged from local banks, to reach a production capacity of 150,000 tonnes in 2025.
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▪ ‘We can do better by investing more’ (Samuel Libock, Sosucam Deputy Managing Director)
▪ Over the next five years, Somdiaa’s sugar subsidiary, Société sucrière du Cameroun (Sosucam), intends to invest 93 billion CFA francs, leveraged from local banks, to reach a production capacity of 150,000 tonnes in 2025.
▪ https://www.africabusinessplus.com/en/804555/nous-pourrons-faire-mieux-en-investissant-encore-samuel-libock-dga-sosucam/
To this end, the producer has signed an agreement with the Cameroonian Agence de promotion des investissements (API), headed by Marthe Angélique Mindja, with a view to benefiting from tax and customs exemptions.
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