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Senegal : Sedima steps toward Congo

  • Comments   -   Wednesday, 06 July 2016 - 02:54

(Ecofin Agency) - Senegalese businessman, Babacar Ngom, announced he will expand his group, Sedima, to Congo. We found in Congo partners with whom we intend to invest, develop in the country an agricultural sector which will be able to meet the population’s needs, a competitive sector which will generate jobs and wealth, he said.

Sedima’s move towards Congo is its first step outside the local market, which it already dominates. The group, which branched into broiler chicks’ production in 1976, plans through its entry in Congo, to stimulate agricultural entrepreneurship in youth.

Based in Keur Massar, Sedima which is also active in the mill and animal feed sectors, also plans to develop an industrial slaughter chain in Senegal and grow maize at the industrial scale.

Aaron Akinocho

 
Finance


 
Mining


 
Telecom


 
Public Management


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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