Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Agriculture

Nigeria: Union Dicon Salt takes over $100M project in Kogi State

Monday, 27 June 2016 18:31

(Ecofin Agency) - In Nigeria, Union Dicon Salt Plc (UDS) replaced American giant Cargill as core investor in the $100 Alape Staple Crop Processing Zone in Kogi State.

Under the project, UDS will cultivate cassava on 30,000 ha. “It is a remarkable opportunity for a local company to develop the agribusiness space in Nigeria,” said Chuka Mordi, one of UDS’ executives indicating that the firm is listed on the Nigerian Stock Exchange (NSE). Meeting with Nigeria’s minister of agriculture, Audu Ogbeh, welcomed this ministry’s support to the project.

UDS, which is present in the agro-industry and mass consumer goods segments, is presently building Nigeria’s largest starch processing factory.

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.

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.