Togo: Cim Metal Group (Inoussa Kanazoé) invests $167m in the National Development Plan
Encouraged by the investment opportunities provided by Togo’s National Development Plan, the group headed by Burkina Faso businessman Inoussa Kanazoé has reached an agreement with the authorities to build an industrial complex in Lomé. Jeune Afrique Business+ reveals the details of the project worth some CFA francs 100bn ($167.8m).
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▪ Togo: Cim Metal Group (Inoussa Kanazoé) invests $167m in the National Development Plan
▪ Encouraged by the investment opportunities provided by Togo’s National Development Plan, the group headed by Burkina Faso businessman Inoussa Kanazoé has reached an agreement with the authorities to build an industrial complex in Lomé. Jeune Afrique Business+ reveals the details of the project worth some CFA francs 100bn ($167.8m).
▪ https://www.africabusinessplus.com/en/802674/togo-cimmetalgroup-inoussa-kanazoe-investit-152-millions-e-dans-le-plan-national-de-developpement/
According to information obtained for this report, the government of Prime Minister Komi Selom Klassou has given its green light to the founder of the Cim Metal Group to invest in iron and cement manufacturing units in Togo. In mid-January, Inoussa Kanazoé travelled to Lomé to conclude the agreements with the Togolese state for the development of this industrial complex, our sources indicate.
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