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.
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▪ 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.
▪ https://www.africabusinessplus.com/en/801727/ethiopie-ocp-rentre-dans-la-course-face-a-coca-cola-et-a-dangote-pour-le-raffinage-du-sucre/
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.
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