Deal #3492
Central African Republic
Created at
2013-03-28
Last update
2024-04-17
Last full update
2024-04-17
Operating Company
Operating company
Actors involved in the negotiation / admission process
- Government of Sudan Government / state institutions (government, ministries, departments, agencies etc.)
Name of investment project
African Sugar Refinery of the Central African Republic(SUCAF RCA)
Comment on investment chain
Central African law corporation was set up in 2003 with a capital of CFA6,243,460,000 (EUR21,723,985).
According to The Sentry’s investigation, in late 2014, amid political and security upheaval, SUCAF RCA negotiated a security arrangement with an armed group, the Unité pour la paix en Centrafrique (Union for Peace in the Central African Republic, or UPC).hrough this tacit agreement, UPC leaders committed to secure SUCAF RCA’s factory and sugar cane fields and to ensure free movement on key roadways necessary for the provision of supplies. SUCAF RCA also secured UPC support in trying to assure the company’s monopoly on sugar distribution in several prefectures, including through the forced seizure of smuggled sugar, particularly from Sudan.
Network of parent companies and tertiary investors/lenders
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Legend
- Is operating company of
- Is parent company of
- Is tertiary investor/lender of