Sunday, March 9, 2014

Ivory Coast's Sifca plans to invest $74 million in West Africa

Ivory Coast agro-industrial group Sifca, part-owned by Singapore's Olam International and Wilmar International, will invest 35 billion CFA francs this year to diversify in West Africa, according to company executives. The company executives advised that part of the money will go to creating 15,000 hectares (37,000 acres) of palm oil plantations in Liberia and a further 10,000 hectares in Nigeria, executives said at a news conference late on Friday to discuss 2013 results.

The remaining

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