Wednesday, July 11, 2007

Senegal asked to help stop French cotton group sale

(Reuters) - Unions at French state-controlled cotton producer Dagris have appealed to Senegalese President Abdoulaye Wade to help halt its sale to a private consortium, saying the move could hurt millions of African farmers.

France said in February it would sell its majority stake in Dagris, one of the world's top cotton producers, to a consortium including Sofiproteol, the financial arm of French oilseed growers' group FOP, and investment firm IDI.


Read more at Reuters Africa

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