Ifeoluwa Ayodele Ogunlola

Tuesday, March 26, 2024

Oyo state agog as Africorp Consortium sets to establish multi- millions dollar factory in Ibadan

 


Africorp Consortium will soon open multi- millions factory in Ibadan, The Executive Governor of Oyo state His Excellency Engr Seyi Makinde FNSE were in Casablanca, Morrocco to authenticate the agreement between the state and Africorp Consortium, this was reveal through the Governor social media handle on Facebook which are as follows:


"We have been in Casablanca, Morrocco for a series of meetings with Africorp Consortium led by Chairman, Saad Berrada Sounni and CEO, Mr Jaafar Harti. Africorp is the parent company of Dolidol which acquired Mouka Foam and is establishing a multi-million-dollar factory in Ibadan. Our administration has already allocated land for this purpose and Africorp has paid the required fees and taken possession of the land.







We also signed a memorandum of cooperation with Africorp Consortium which has business concerns in agro industries, mining, education, mattress, wood carpentry and PET recycling. We are looking forward to welcoming them in Oyo State."


This will improve the economy of the state and reduce the unemployment rate in the state

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