Agribusiness
Cameroon : Sluggish recovery for Rougier’s ex-subsidiaries after purchase by Fabrice Siaka

Cameroon : Sluggish recovery for Rougier’s ex-subsidiaries after purchase by Fabrice Siaka

In 2018, the Cameroonian trader acquired two subsidiaries from the Rougier group, of which the Africa branch was in receivership. He has since come up against financial and legal difficulties.

Someone shares this article with you
            ▪ Cameroon : Sluggish recovery for Rougier’s ex-subsidiaries after purchase by Fabrice Siaka

▪ In 2018, the Cameroonian trader acquired two subsidiaries from the Rougier group, of which the Africa branch was in receivership. He has since come up against financial and legal difficulties.

http://www.jeuneafriquebusinessplus.com/en/802807/cameroon-sluggish-recovery-for-rougiers-ex-subsidiaries-after-purchase-by-fabrice-siaka/

04/02/2020 at 16h19, by Estelle Maussion

Fabrice Siaka told Jeune Afrique Business+ that activity at the first subsidiary, the Doumé Forestry Company (SFID) in Cameroon, which he bought for 3.6 billion CFA francs (5.5 million euros) via his trading company Société de distribution nouvelle d’Afrique (SODINAF), has not resumed for over four months.

To read the article and discover your subscription benefits

You are connected to your Jeune Afrique account but your Jeune Afrique Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.

Recommended articles

Transport & Logistics

22/11/2019 at 20h03, by Pierre-Olivier Rouaud, updated 25/11/2019

Kenya: Goldman Sachs joins Creadev (Mulliez family) in the capital of Twiga Foods

B2B food distribution company Twiga Foods has raised a total of $30 million from lenders and investors....

Consumer goods & Retail

07/11/2019 at 18h39, by Jeune Afrique Business+, updated 13/11/2019

Taste Holdings offloads its costly food and beverage division (Starbucks, Domino’s Pizza, Maxi’s, etc.)

The South African franchiser, unable to meet the investment costs required to attain financial stability,...

Consumer goods & Retail

23/10/2019 at 23h44, by Jeune Afrique Business+, updated 28/10/2019

Silk Invest partially exits Nigerian fast food specialist Sundry Foods, making the way for Norfund

The Norwegian Investment Fund for Developing Countries (Norfund) has invested in Nigerian company Sundry...

Agribusiness

30/09/2019 at 17h54, by Jeune Afrique Business+

Dufil Prima Foods seeks to modernise to rival Flour Mills, Nestlé…

Two years after taking over one of the Nigerian billionaire’s subsidiaries, one of the national agri-food...

Any questions ? contact us

Please get in touch with the Jeune Afrique Business+ team if you require any further information.

Email us : abonnements@jeuneafriquebusinessplus.com

Add JAB+ to your home screen

1. Click on + at the bottom of your screen.

2. Click on + to add JAB+ on the home screen.

3. Enter the name of the shortcut and confirm.