‘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.
02/06/2020 at 13h36, by Africa Business+
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.
Recommended articles
Agri-food industry
26/04/2023 at 16h03, by Africa Business+
Olam and Forafric also interested in Castel sale of Somdiaa mills
As Africa Business + reported, the sale of Pierre Castel’s Somdiaa mills is particularly interesting....
Agri-food industry
06/04/2023 at 13h47, by Africa Business+
Castel puts Somdiaa mills on sale : Seaboard and Ameropa in the running
The sale of the French group’s continental milling assets has been in the pipeline for several months...
Agribusiness
23/05/2022 at 16h52, by Africa Business+
Gide’s Bruno Quentin delivers conclusions on investigation of Castel’s Sucaf RCA
The Central African subsidiary of Somdiaa, a miller and sugar producer 87% owned by Castel, was accused...
Agribusiness
16/05/2022 at 15h31, by Africa Business+
Agribusiness: Alexandre Vilgrain ends tenure at Castel’s Somdiaa
Since 1995, the French CEO has been at the helm of the Castel group subsidiary specialising in the production...