Finance

Jute bags factory with a 25 million production capacity coming to Glo-Djigbé Industrial Zone

Jute bags factory with a 25 million production capacity coming to Glo-Djigbé Industrial Zone
Monday, 04 July 2022 21:32

With an investment estimated at approximately one (1) billion FCFA (approximately 1.5 million Euros), Africa Jutes Industries, a company specializing in the processing of agricultural products, is officially the 30th company to invest in GDIZ.

Africa Jutes is one of the entities of the multinational Africa Negoce Industries, present in Benin and Niger. It has set foot in the GDIZ and will be basing its activity in a Jute bags production unit. This unit will have an annual production capacity of 25 (twenty-five) million Jute bags at peak capacity.

Africa Jutes Bags will be setting up one of the largest jute bags factories of Africa in GDIZ, extending over 2 (two) hectares, and will greatly reduce West Africa’s dependence on imported Asian jute bags. Africa Jutes will be generating over 1,000 (one thousand) direct and indirect jobs in Benin. Since GDIZ will also have the largest cashew producing zone of West Africa, this jute bags factory fits in perfectly with the cashew ecosystem being developed within GDIZ.  Jute yarns will be imported from Bangladesh and woven into Jute bags in the zone. These bags will then be supplied from GDIZ to cashew farmers across the country for the collection of cashews. Once collected, these bags will find their way back to the zone and then get repaired and/or re-used in the next season, thereby resulting in huge cost savings for the Beninese cashew industry. Jute Bags will also be available for cocoa, paddy, onion and other agricultural items across West Africa.

This new investment in the area confirms the confidence that local and international investors put in GDIZ.

Our ambition is to make GDIZ a sustainable ecosystem that will make West Africa self-sufficient in all aspects of Benin’s transformation of agricultural products. Thanks to this partnership signed with Africa Jutes Bags, the GDIZ will become a key player in the production of Made in Benin packaging that is biodegradable, recyclable and suitable for the agricultural sector.Mr. Létondji BEHETON, SIPI-BENIN General Manager.

About GDIZ

Glo-Djigbé Industrial Zone (GDIZ), developed by Société d'Investissement et de Promotion de l'Industrie - BENIN (SIPI-BENIN SA), is a joint-venture between Arise Integrated Industrial Platforms (IIP) and the Republic of Benin. GDIZ is a dynamic industrial zone of 1,640 hectares (phase 1: 400 ha) developed by ARISE Integrated Industrial Platforms (IIP) which counts among its infrastructures several industrial zones in Africa, in particular in Gabon (Gabon Special Economic Zone) and in Togo (Industrial Platform of Adétikope) and in other countries of the African continent.

41 de 25 millions par an sinstalle dans la zi de glo djigbe ze       42 de 25 millions par an sinstalle dans la zi de glo djigbe ze

On the same topic
(EBID) - The Board of Directors of the ECOWAS Bank for Investment and Development (EBID) held its 92nd Ordinary Session on June 30, 2025. The Board...
• The IMF approved a $261.9 million disbursement under DR Congo’s credit program• Economic growth hit 6.5% in 2024, driven by the extractive sector•...
• Ghana’s Parliament approved a $360 million loan from the World Bank’s IDA• The funds will help pay road sector arrears, support vulnerable groups,...
(AMETRADE) - The 15th edition of the annual Africa PPP Summit (#APPP2025) is set to take place on 28 – 31 October 2025 at Hilton Hotel, Windhoek, Republic...
Most Read
01

Lebara Group is now bringing its affordable and reliable mobile services to Africa, starting with Ni...

Telecoms: Lebara Enters Nigerian Market with Strong Competitive Ambitions
02

Transport and food prices have been climbing steadily across Africa in recent years. In Côte d’Ivoir...

Côte d’Ivoire’s Fuel Price Cuts Haven’t Slashed Transport Costs–Yet
03

• BOAD releases CFA10 billion ($17.8 million) to support Boungou and Wahgnion gold mines.• Burkina F...

BOAD Grants CFA10 Billion to Revive Boungou and Wahgnion Gold Mines in Burkina Faso
04

In a West African financial landscape marked by tighter regulation of the fintech sector, digital fi...

In Five Years, Francophone Africa Will be A Major Force in African Tech –Régis Bamba
05

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.