First production of LNG has successfully started from the Hilli Episeyo vessel off Cameroon. Hilli Episeyo has a relatively small production capacity of 2.4 million tonnes a year and its first cargo will be loaded around early April 2018 (Bloomberg). The Monetary Policy Committee of West Africa’s CFA regional central bank (BCEAO) holds its benchmark interest rate unchanged at 2.5 percent (7 Mar 2018) Cote d’Ivoire and Cameroon among the top 5 banana exporters to Spain with volumes of around 5,000 tonnes and 3000 tonnes respectively in August 2016 LafargeHolcim is expanding cement production capacity in Cameroon to 2.1million tonnes from 1.6 million tonnes to compete more aggressively with Dangote which plans to boost capacity to 3 million tonnes within 3 years Uber technologies plans to offer its services in Cote d’Ivoire, Cameroon and Senegal in 2017 according to Alon Lits, its general manager for sub Saharan Africa Nestlé, Brasseries du Cameroun and Camlait now among 55 companies allowed export duty-free access to the central African economic bloc

Friday, December 14, 2018

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Record sugar prices provide sweet treat for Sucrivoire’s IPO

September 30, 2016

Agriculturals

Softs

UEMOA Zone

FrancTrade view: The IPO of Sucrivoire could not have come at a better time in sugar markets with raw sugar price rising this week to their highest level since March 2012. Sugar prices have rocketed higher on concerns over production deficits in top producers Brazil and India. Paris based Sucden and Denrees, one of the

New entrant into Cameroon’s sugar market will not ruffle the status-quo

August 29, 2016

CEMAC Zone

Softs

International Sugar Company (INSUCO) has entered the Cameroon sugar market, according to information we gleaned from the business website Investir au Cameroun. According to the site, INSUCO, which reportedly is affiliated to Louis Dreyfus, will initially produce 45 tonnes of refined sugar a day which it hopes to increase significantly in 2017. We calculate that