Sipef agrees to buy Côte d'Ivoire banana plantation Tiabam from Agribam
Reuters2026/09/07 04:53Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Sipef agreed to acquire Tiabam, a banana plantation in Côte d’Ivoire’s Tiassalé region, from Agribam; deal value was not disclosed.
- Closing is expected later this month; Tiabam sits next to Sipef’s Akoudjé banana operations.
- Tiabam holds about 450 hectares, with 320 hectares in production; annual output runs 12,000-14,000 tonnes.
- More than 70% of output is exported to Europe; the balance is sold in subregional and domestic markets.
- Transaction supports a plan to lift total banana production to about 70,000 tonnes; 2025 banana output was 52,159 tonnes.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sipef NV published the original content used to generate this news brief on September 07, 2026, and is solely responsible for the information contained therein.
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