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Investment: Burkinabe Inoussa Kanazoé plans to inject 65 billion FCFA into Togo

11/03/2021
Source : ORISHAS FINANCE
Categories: General Information
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Burkinabe businessman Inoussa Kanazoé wants to strengthen his tentacles in Togo. Cimco (Cimenterie de la Côte Ouest Africaine), the Togolese subsidiary of burkinabe Cim Metal Group, will soon open its cement plant in the country of Faure.

By September, the cement sector in Togo will be strengthened with an investment of 65 billion FCFA from Burkinabe Inoussa Kanazoé. The new plant is expected to have an annual production capacity of 25 million tonnes of cement.
The information was given by Bassirou Sana, Togo Director of the cement manufacturer who announces that the work already carried out as part of the establishment of this plant is at 65% completion rate.

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