Cameroon: How Sosucam Changed Hands · Global Voices
3 Articles
3 Articles
While Somdia, a subsidiary of the Castel group, had announced its withdrawal from Cameroon's first sugar factory, a local consortium, including lawyer Joseph Pagop Noupoué but also Henriette Nooutchougouin and William Nkontchou, took over the torch.
Somdia has signed an agreement to transfer its participation in the Sugar Society of Cameroon (SOSUCAM) to a consortium of five Cameroonian investors and industrialists. The recovery project is accompanied by a multi-year investment programme of 210 million euros, i.e. almost 138 billion FCFA, intended in particular to modernise the production tool...
On 13 August 2026, the French group Somdia officially sold 82% of its shares in the Société sucrière du Cameroun (Sosucam) to a consortium of five Cameroonian investors Joseph Pagop Noupoué, Henriette Nooutchougouin, William Nkontchou, Igor Djoukwé and Marcel Tchagongom. An investment plan of CFAF 137.7 billion (€210 million) is planned to modernise the production tool and aim at national self-sufficiency in sugar. "After an in-depth analysis of…
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