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Socapalm suffers profit decline, uses reserves to pay dividends in 2022

The Cameroonian Palm Company (Socapalm) expects its net profit to be CFA10.6 billion in FY2022, down 22% from the 13.7 billion achieved the previous ....

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Socapalm expects 9.5% increase in profit by the end of 2022, despite unfavorable environment

The Cameroonian Palm Company (Socapalm) expects its turnover to increase by 9.5% by the end of 2022. The subsidiary of Luxembourg-based rubber ....

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Overall market capitalization on the Bvmac hit CFA159bln at end of January 2022, up 13% YoY

The overall market capitalization of companies on central Africa’s regional stock market Bvmac reached CFA159.08 billion as of January 31, 2022, up ....

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