Sosucam
August 2026 · CameroonConditional agreement signed on 13 August 2026; the government had asked for a halt on 10 August and suspended the deal on 16 August. Six-month strategic committee. Competing offer from Kenya's Kipchimchim (≈XAF 200bn); interest from the Dangote group.
Activity : Food processing
Instrument : Purchase of 82% from Somdiaa; price not disclosed; EUR 210m (XAF 137.7bn) investment plan
Cameroon's leading sugar producer (Mbandjock, Nkoteng); XAF 99.1bn cumulative losses over six years.
Why they invested
- National takeover of a major agro-industrial asset
- Modernisation and irrigation expansion
Source : financialafrik.comN1 · Primary source · Other sources : Ecomatin, Notre Afrik