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