Cameroun puts sugar industry stability first with Sosucam share sale freeze
In a decisive move to safeguard the country's sugar production sector, Cameroonian authorities have temporarily halted the sale of shares held by the Somdiaa group in the Société sucrière du Cameroun (Sosucam). This suspension, implemented by the executive branch in Yaoundé, freezes a transaction that had been drawing intense scrutiny from regional business circles for months. The decision comes at a critical juncture for Cameroon's rural economy, where Sosucam not only serves as a major employer but also as a cornerstone of domestic sugar supply.
Sosucam: a vital industrial asset in Cameroon's sugar value chain
Sosucam's operations are deeply intertwined with the Somdiaa group, a French agro-industrial conglomerate with a strong footprint across Central and West African markets. The comp...











