Agribusiness
SIPH (SIFCA/Michelin) preparing for €280m investment programme

SIPH (SIFCA/Michelin) preparing for €280m investment programme

West Africa’s number one rubber producer is seeking financing from several institutions eight months after its delisting from the Paris stock exchange.

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            ▪ SIPH (SIFCA/Michelin) preparing for €280m investment programme

▪ West Africa’s number one rubber producer is seeking financing from several institutions eight months after its delisting from the Paris stock exchange.

http://www.jeuneafriquebusinessplus.com/en/805285/siph-sifca-michelin-preparing-for-e280m-investment-programme/

28/08/2020 at 19h21, by Aurélie Benoit, updated 30/08/2020

Although Akinwumi Adesina has only just been re-elected President of the African Development Bank (AfDB), part of his schedule is already known for the coming weeks. Several board meetings feature in his diary, including one on 22 September where the leader will have to consider funding for rubber manufacturing company Société Internationale de Plantations d’Hévéas (SIPH).

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