{"id":1552,"date":"2020-11-30T05:49:22","date_gmt":"2020-11-30T04:49:22","guid":{"rendered":"https:\/\/www.southbgroup.com\/?p=1552"},"modified":"2020-12-04T07:19:46","modified_gmt":"2020-12-04T06:19:46","slug":"southbridge-group-announces-two-major-transactions-in-the-republic-of-togo","status":"publish","type":"post","link":"https:\/\/www.southbgroup.com\/fr\/southbridge-group-announces-two-major-transactions-in-the-republic-of-togo\/","title":{"rendered":"SouthBridge group announces two major transactions in the Republic of Togo"},"content":{"rendered":"<div id=\"x-content-band-1\" class=\"x-content-band vc first-row show-mobile\" style=\"background-color: transparent; padding-top: 0px; padding-bottom: 0px; position:fixed;z-index:999998;top:0;right:0; width: 100%;display:none;\"><div class=\"x-container wpb_row\"><div  class=\"x-column x-sm vc x-1-1\" style=\"text-align:center;\" ><img decoding=\"async\" src=\"\" class=\"sb-close-modal sb-close-news\"><\/div><\/div><\/div><div id=\"x-content-band-2\" class=\"x-content-band vc first-row hide-mobile\" style=\"background-color: transparent; padding-top: 0; padding-bottom: 0; position:fixed;z-index:999999;top:0;right:0;\"><div class=\"x-container wpb_row\"><div  class=\"x-column x-sm vc x-1-6\" style=\"\" ><hr  class=\"x-gap\" style=\"margin: 1px 0 0 0;\"><\/div><div  class=\"x-column x-sm vc x-2-3\" style=\"\" ><hr  class=\"x-gap\" style=\"margin: 1px 0 0 0;\"><\/div><div  class=\"x-column x-sm vc x-1-6\" style=\"\" >\n\t<div class=\"wpb_raw_code wpb_raw_html wpb_content_element\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<ul class=\"team-close-btn sb-close-modal sb-close-news\">\n<li>close<\/li>\n<li>\n<img decoding=\"async\" class=\"x-img x-img-none right\" style=\"width:29px;height:29px;margin: 20px !important;\/* display: inline-block; *\/\" src=\"http:\/\/www.southbgroup.com\/wp-content\/uploads\/2018\/04\/close-1.png\">\n<\/li>\n<\/ul>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/div><\/div><div id=\"x-content-band-3\" class=\"x-content-band vc\" style=\"background-color: transparent; padding-top: 0px; padding-bottom: 0px;\"><div class=\"x-container wpb_row\"><div  class=\"x-column x-sm vc x-1-6\" style=\"\" ><p>\u00a0<\/p>\n<\/div><div  class=\"x-column x-sm vc x-2-3\" style=\"\" ><hr  class=\"x-gap\" style=\"margin: 6.25em 0 0 0;\"><img decoding=\"async\" src=\"\">\n\t<div class=\"wpb_raw_code wpb_raw_html wpb_content_element sb-post-categorie\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\tPress Releases, Transactions\n\t\t<\/div>\n\t<\/div>\n\n\t<div class=\"wpb_raw_code wpb_raw_html wpb_content_element sb-post-title\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<h3>SouthBridge group announces two major transactions in the Republic of Togo<\/h3>\n\t\t<\/div>\n\t<\/div>\n\n\t<div class=\"wpb_raw_code wpb_raw_html wpb_content_element sb-post-date\" >\n\t\t<div class=\"wpb_wrapper\">\n\t\t\t<h5>novembre 30, 2020<\/h5>\n\n\t\t<\/div>\n\t<\/div>\n<hr  class=\"x-gap\" style=\"margin: 45px 0 0 0;\"><p>KIGALI, <strong>Rwanda<\/strong> \u2013 SouthBridge Group, the official financial advisor of the Togolese government, today announced two transactions with Olam International Limited and its subsidiary Arise Special Economic Zone.<\/p>\n<p>SouthBridge Group, an innovative, pan-African financial advisory and investment firm, working with corporates, sovereigns and multinationals across the Continent, concluded two significant transactions in the Republic of Togo, today.<\/p>\n<p><strong>Sani Yaya<\/strong>, Togo\u2019s Minister of Finance, commented: \u00ab We are delighted with the support provided by the Southbridge Group for the completion of these two transactions at the heart of the National Development Plan and the Government&#8217;s Roadmap. The commitment and professionalism of Southbridge&#8217;s team was key to the successful completion of these two transactions despite the health crisis. It is once again proof of the attractiveness of the Togolese economy \u00bb.<\/p>\n<p>SouthBridge advised the Government of Togo to facilitate a strategic partnership with Olam International Limited, a global agri-business firm, headquartered and listed on the Singapore Exchange (SGX), and the Arise Special Economic Zone, an Olam subsidiary, jointly owned with the Africa Finance Corporation.<\/p>\n<p>The State of Togo and Arise signed an initial agreement on July 8th, 2020, which created an integrated industrial platform in order to attract investors and develop multisector industrial collaborations within the country including the production and processing of agricultural products, locally.<\/p>\n<p>As per the agreement, this project will be developed by a private company, owned and operated by the State of Togo (35%) and Arise (65%) trading as Plateform Industrial Ad\u00e9tikop\u00e9 SAS (PIA SAS). The company will be considered as a \u2018zone developer\u2019 pursuant to Togolese Free Trade Zone laws. The total investment for the project is EUR200 million.<\/p>\n<p>Additionally, the Togolese government sold 51% of Nouvelle Soci\u00e9t\u00e9 Cotonni\u00e8re du Togo (NSCT), to Olam, for EUR34.4 million. It includes EUR15.3 million for Olam\u2019s equity stake plus 51% of net working capital (EUR19.1 million). Therefore, Olam pays a 70% premium to the Togolese Republic for this acquisition.<\/p>\n<p><strong>Donald Kaberuka<\/strong>, Chairman and Managing Partner of SouthBridge Group, commented on these operations: \u00ab they are a landmark for Togo and its partner Olam. It is a step change in the economic transformation of the country and its cotton\/textile industry.<\/p>\n<p>This partnership between the global agri-business player Olam and the Republic of Togo augurs well for the country\u2019s economy. SouthBridge is proud to have been associated and facilitated this outcome \u00bb.<\/p>\n<p>Lionel Zinsou, Chairman and Managing Partner of SouthBridge Group commented: \u00ab Our involvement with these operations fully corresponds to the Group ambition. We intend to contribute to the emergence and uprising of Africa and Togo, which remain at the forefront with these two transactions.<\/p>\n<p>They demonstrate how much having a global vision on the entire value chain from production to industrialisation is crucial for our countries to capture added value and build future growth \u00bb.<\/p>\n<p><strong>Frannie L\u00e9autier<\/strong>, Senior Partner of SouthBridge Group, also commented: \u00ab The development benefits of this public-private partnership are transformational, and I am very honored to have worked with the Government of Togo, Olam and Arise to deliver on these transactions.<\/p>\n<p>When we started working intensively on these two complex transactions, the pandemic hit. We continued to work seamlessly via Zoom and Teams, bringing together the key stakeholders from four continents and five time zones, managing to close this complex transaction in record time, 100% negotiated by video links \u00bb.<\/p>\n<hr  class=\"x-gap\" style=\"margin: 100px 0 0 0;\"><p style=\"text-align: center;\"><span style=\"color: #11283d;\">Share this article<\/span><\/p>\n<\/div><div  class=\"x-column x-sm vc x-1-6\" style=\"\" ><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>close \u00a0 Press Releases, Transactions SouthBridge group announces two major transactions in the Republic of Togo novembre 30, 2020 KIGALI, Rwanda \u2013 SouthBridge Group, the official financial advisor of the Togolese government, today announced two transactions with Olam International Limited and its subsidiary Arise Special Economic Zone. SouthBridge Group, an innovative, pan-African financial advisory and investment firm, working with corporates, &#8230; <\/p>\n<div><a href=\"https:\/\/www.southbgroup.com\/fr\/southbridge-group-announces-two-major-transactions-in-the-republic-of-togo\/\" class=\"more-link\">En savoir plus<\/a><\/div>","protected":false},"author":9,"featured_media":1559,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_crdt_document":"","rs_blank_template":"","rs_page_bg_color":"#ffffff","slide_template_v7":"","inline_featured_image":false,"footnotes":""},"categories":[23,89],"tags":[],"class_list":["post-1552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases","category-transactions"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.southbgroup.com\/fr\/wp-json\/wp\/v2\/posts\/1552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.southbgroup.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.southbgroup.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.southbgroup.com\/fr\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.southbgroup.com\/fr\/wp-json\/wp\/v2\/comments?post=1552"}],"version-history":[{"count":6,"href":"https:\/\/www.southbgroup.com\/fr\/wp-json\/wp\/v2\/posts\/1552\/revisions"}],"predecessor-version":[{"id":1560,"href":"https:\/\/www.southbgroup.com\/fr\/wp-json\/wp\/v2\/posts\/1552\/revisions\/1560"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.southbgroup.com\/fr\/wp-json\/wp\/v2\/media\/1559"}],"wp:attachment":[{"href":"https:\/\/www.southbgroup.com\/fr\/wp-json\/wp\/v2\/media?parent=1552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.southbgroup.com\/fr\/wp-json\/wp\/v2\/categories?post=1552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.southbgroup.com\/fr\/wp-json\/wp\/v2\/tags?post=1552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}