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Adrien Ntigacika
Adrien Ntigacika is a Burundian businessman, best known for his involvement in manufacturing fertilizers that blend chemical and organic components. Early years Adrien Ntigacika was once an employee of SOSUMO. He became a billionaire during the regime of President Pierre Nkurunziza. An investigation into reported irregularities at SOSUMO in 2006-2007 included an item where a container had disappeared. The managing director of SOSUMO provided correspondence on an agreement to sell the container for 500,000 FBU to Adrien Ntigacika, but no payment record was found. It turned out that the container had been transferred to the CNDD-FDD party, but the managing director did not declare it and invented the story of the sale to Adrien Ntigacika. In 2014 Ntigacika founded ITRACOM (International Trading Company), which supplied road transport and imported chemical fertilizers. Later he set up ITRACOM Holding Ltd. to hold his increasingly diverse group of companies. In September 2016 Adrie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SOSUMO
SOSUMO () is a company that grows and refines sugar in Burundi. Location The company operates in the Rutana Province in the southeast of Burundi. This is in the Moso natural region of Burundi. The area is fed by the Muyovozi River, Mutsindozi River and Maragarazi River on the border with Tanzania. The complex is fed by the Mutsindozi River. Creation The third five-year plan for economic and social development of Burundi, issued in the early 1970s, include the Moso sugar project to improve the economy of the southeast region. The project would also save foreign currency by avoiding the need to import sugar. The Moso Sugar Company (SOSUMO) was created on 13 July 1982 as a Private Law Mixed Economy Company (SARL). The State of Burundi held 21,250 shares, and 100 shares each were held by the Brasseries et Limonaderies du Burundi (BRARUDI) and the Société Burundaise de Financement (SBF). SOSUMO was given a concession, about half of which was in marshy areas. Construction of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |