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Find all the economic and financial information on our Orishas Direct application to download on Play Store“The National Oilseed Marketing Company of Senegal (Sonacos) must reform and adapt to market conditions,” President Macky Sall of Senegal said on December 31, 2020, during his meeting with the press, following at his New Year's speech. The president announced in the process the lifting of the ban on the export of groundnut seed taken two weeks earlier, in the Council of Ministers, to guarantee the supply of Sonacos and the oil mills of the country.
"Sonacos must go to the edge of the field, but stay at the factory and wait for seeds to be brought to it, it can no longer continue", maintains the Head of State who invites this legendary company to change its gun. shoulder, by investing for example, the export market, which would constitute a buoyant niche for him.
Sonacos mobilized money to buy 200,000 tons of shelled seeds, indicated the Minister of Agriculture and Rural Equipment, Moussa Baldé, three days before President Macky Sall's intervention.
As a reminder, the price of a kilogram of peanuts was set at 250 FCFA by the National Interprofessional Peanut Committee (CNIA), “a level never reached before”, indicates the Minister. An exceptional amount but still below the offer of Chinese buyers who offer 275 to 300 FCFA per kilogram paid in cash. Between sacrificing the thousands of peasants and protecting the oil mills (Sonacos, Copeol, West African Oil (WAO) and Touba agro-industrial complex (CAIT) and their 6,000 jobs, the State, which applies the surcharge on the export of peanuts, seems to have made its choice.
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21/04/2022 - Secteurs
21/04/2022 - Secteurs
21/04/2022 - Secteurs
21/04/2022 - Secteurs
21/04/2022 - Secteurs