Sosucam to invest 10bn FCFA in modern production

Louis Yinda, the CEO of Société sucrière du Cameroun (Sosucam), the Cameroonian sugar market leader and company of the French group, Somdiaa, led by the Vilgrain family, has just announced that the agro-foods company will invest 10 billion FCFA in 2015 to reinforce and modernise production.

For a few years now, the company has committed to expanding its sugarcane plantations in Mbandjock and Nkoteng, in the country’s Centre region, covering 12,000 hectares. Sosucam is currently farming over 20,000 hectares on two sites.

M. Yinda had indicated that these investments will enable the company to achieve a production level ranging between 165,000 and 170,000 tonnes, compared to 120,000 tonnes currently for an official national demand estimated at 300,000 tonnes.