SAPH-CI faces financial strain as debt soars to $73.5mln in 2023 (ECOFIN)
Société africaine des plantations d'hévéas de Côte d'Ivoire (SAPH-CI), the Ivorian branch of the partnership between the Billon family and French company Michelin, saw a significant rise in debt in 2023. Their net debt climbed to CFA45 billion ($73.5 million), a 34% increase from the previous year's CFA34 billion. SAPH-CI,...
