{"id":472154,"date":"2021-06-17T10:30:31","date_gmt":"2021-06-17T10:30:31","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=472154"},"modified":"2021-06-17T10:30:31","modified_gmt":"2021-06-17T10:30:31","slug":"togo-olam-and-afc-take-a-stake-in-mifa-sa","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2021\/06\/17\/togo-olam-and-afc-take-a-stake-in-mifa-sa\/","title":{"rendered":"Togo: Olam and AFC take a stake in MIFA SA"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The Togolese government announced, on June 16, 2021, its intention to sell all or part of the State&#8217;s shares in the capital of the company \u201cM\u00e9canisme incitatif de financement agricole (MIFA SA)\u201d to the PIA and ARISE Special Economic Zone, two entities controlled by Olam International and the Africa Finance Corporation (AFC).<\/p>\n<p>This entry of the two new shareholders in the round table, according to an official note, aims to &#8220;better mobilize this tool to support the agro-industrial development strategy of our country, in particular within the framework of the development of the Industrial Platform of Ad\u00e9tikop\u00e9&#8221; inaugurated June 6, 2021.<\/p>\n<p>\u201cThe government wanted to forge a strategic partnership with PIA and ARISE Special Economic Zone. This partnership aims to meet the challenges encountered in the implementation of the MIFA SA mechanism, particularly in terms of financing agriculture, in particular focusing on priority sectors, improving producers&#8217; incomes and providing sufficient quantities of food. raw materials to local industries, \u201dsaid the executive.<\/p>\n<p>No details filtered about the new configuration of the tour de table. Apart from the clarification that the shareholders of MIFA SA will henceforth be composed of the State (which was the sole shareholder since the launch of the entity in 2018), the National Federation of Cotton Producers Groups ( FNGPC), ARISE Special Economic Zone and PIA. &#8220;The Togolese state is not intended to continue in the shareholding of MIFA SA as soon as the private sector wishes to join it,&#8221; one explains.<\/p>\n<p>As a reminder, the Olam group, beyond the PIA developed with the AFC, had already acquired, in November 2020, 51% of the State shares of the New Cotton Company of Togo (NSCT) at a cost of approximately 22 billion FCFA.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The Togolese government announced, on June 16, 2021, its intention to sell all or part of the State&#8217;s shares in the capital of the company \u201cM\u00e9canisme incitatif de financement agricole (MIFA SA)\u201d to the PIA and ARISE Special Economic Zone, two entities controlled by Olam International and the Africa Finance Corporation (AFC). This entry of<\/p>\n","protected":false},"author":536282,"featured_media":472155,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12034,15971,12036],"tags":[1605,18966,1375,18965,12308],"class_list":{"0":"post-472154","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-agriculture-en","8":"category-industry","9":"category-sectors","10":"tag-afc","11":"tag-mifa-sa","12":"tag-olam","13":"tag-stake-in-mifa-sa","14":"tag-togo-en","15":"post_format-post-format-aside","16":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Togo: Olam and AFC take a stake in MIFA SA - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2021\/06\/17\/togo-olam-and-afc-take-a-stake-in-mifa-sa\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-17T10:30:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2021\/06\/Olam.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"580\" \/>\n\t<meta property=\"og:image:height\" content=\"394\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Albert Savana\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Albert Savana\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/17\\\/togo-olam-and-afc-take-a-stake-in-mifa-sa\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/17\\\/togo-olam-and-afc-take-a-stake-in-mifa-sa\\\/\"},\"author\":{\"name\":\"Albert Savana\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/12e2e10e56f65df0540cb842b7b0ce22\"},\"headline\":\"Togo: Olam and AFC take a stake in MIFA SA\",\"datePublished\":\"2021-06-17T10:30:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/17\\\/togo-olam-and-afc-take-a-stake-in-mifa-sa\\\/\"},\"wordCount\":288,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/17\\\/togo-olam-and-afc-take-a-stake-in-mifa-sa\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/Olam.jpeg\",\"keywords\":[\"AFC\",\"MIFA SA\",\"Olam\",\"stake in MIFA SA\",\"Togo\"],\"articleSection\":[\"Agriculture\",\"Industry\",\"Sectors\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/17\\\/togo-olam-and-afc-take-a-stake-in-mifa-sa\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/17\\\/togo-olam-and-afc-take-a-stake-in-mifa-sa\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/17\\\/togo-olam-and-afc-take-a-stake-in-mifa-sa\\\/\",\"name\":\"Togo: Olam and AFC take a stake in MIFA SA - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/17\\\/togo-olam-and-afc-take-a-stake-in-mifa-sa\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2021\\\/06\\\/17\\\/togo-olam-and-afc-take-a-stake-in-mifa-sa\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/Olam.jpeg\",\"datePublished\":\"2021-06-17T10:30:31+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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