Cameroon: Somdia sells its stake in SOSUCAM to a Cameroonian consortium, 210 million euros in investments announced

Somdia has signed an agreement to sell its stake in the Société Sucrière du Cameroun (SOSUCAM) to a consortium of five Cameroonian investors and industrialists. The takeover project includes a multi-year investment program of 210 million euros, approximately 138 billion CFA francs, aimed at modernizing the production facilities and increasing the agricultural capacities of the……