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Cameroon Project Notice - Modernization Of Sodécotons Industrial Tool And Energy Transition


Project Notice

PNR 63189
Project Name Modernization of Sodécotons industrial tool and energy transition
Project Detail The main public economic operator in Northern Cameroon, Sodécoton contributes to securing the income of 160,000 producers and contributes 15% of the GDP of the North. Created in 1974, the company is in the process of optimizing its production tool, while being part of a trajectory of sustainability of its operating system. The objective of the project is to strengthen the economic prospects of nearly 2 million people, registered in a sustainable management of natural resources and sources of stabilization of food security issues. The specific objectives are: To enable Sodécoton to improve its cotton seed ginning capacity and thus produce a better quality fiber, while supplying local markets with oil and cake (modernization of 7 factories and construction of a new one to increase capacity to 450,000 t/year); · Contribute to the fight against climate change, by developing the production of photovoltaic electricity to power its industrial system (5 photovoltaic power plants on 5 Sodécoton industrial sites; · Support Sodécoton in improving its environmental and financial governance, in order to jointly contribute to securing the financial health of the company and securing the income of cotton growers
Funded By French Development Agency (AfD),
Sector Administration & Marketing
Country Cameroon , Central Africa
Project Value XAF 33,474,049,664

Contact Information

Company Name French Development Agency (AfD)
Web Site https://opendata.afd.fr/pages/detail_projet/?q.previousLink=liste_projets&q.previousLinkName=Les%20projets%20financ%C3%A9s%20par%20l%27AFD%20&q.previousPreviousLink=&refine.iati_identifier=FR-3-CCM1601

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