Monaco Resources’ Société agricole de Guinée to recapitalise
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▪ Monaco Resources’ Société agricole de Guinée to recapitalise
▪ An exclusive from Africa Business+.
▪ https://www.africabusinessplus.com/en/810286/monaco-resources-societe-agricole-de-guinee-recapitalises/
Operating in rice cultivation since 2015 in Guinea, and more recently in white sesame, the Société agricole de Guinée (SAG) is preparing to increase its capital. The amount targeted, entirely financed by the Monaco Resources Group parent company, has not been disclosed. However, it will undoubtedly dilute the current 25% share of Société guinéenne d’investissement et de commerce (Sogico), an entity owned by a local private individual Alpha Diallo.
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