Perspective
16 January 2017
Sofitex raises $224 million for cotton exports
Region:
Middle East & Africa
Sofitex, one of Burkina Faso’s largest cotton exporters, is expected to finalise €90 million ($95.4 million) in financing from international banks for the 2016/2017 season. This is in addition to €122 million ($129 million) raised from domestic banks following a decision to move away from genetically modified crops.
