Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Agriculture

Côte d'Ivoire: Saco to open new cocoa processing line in Abidjan by 2019

Thursday, 17 May 2018 18:56

(Ecofin Agency) - In Côte d’Ivoire’s capital Abidjan, Société Africaine de Cacao (Saco), a subsidiary of  the world's leading cocoa by-products manufacturer ,Barry Callebaut, will launch a new production line for butter, cake and cocoa powder by 2019.

This project is part of the group's strategy to invest CFA30 billion in Côte d'Ivoire. The goal is to boost its cocoa processing capacity to 100,000 tons from 50, 000 tons in Abidjan and as well increase its processing capacity to 130, 000 tons from 120, 000 tons in San Pedro, by 2022. 

Let’s note that Saco started operations in Côte d'Ivoire for 52 years now. With its two factories (Abidjan and San Pedro), the company accounts for about 27% of the country’s total cocoa grinding capacity.

Espoir Olodo

 
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.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.