Free Member

With regard to Upper Volta, she opted for a transition phase and
created with the CFDT Association Volta / CFDT which lasted from 1970
to 1979.

Therefore on June 20, 1979, the Voltaic Government took its autonomy
and created the company voltaic des Fibres Textiles with a capital of
one billion one hundred million franc CFA (1,100,000,000 FCFA) divided
between:
Voltaic State: 55%
CDFT: 44%
Voltaic private: 1%
In 1981, following the establishment of the factory of Ddougou and
certain adjustments, capital increased to 2,100,000,000 CFA FRANCS
with a new following:
Voltaic State: 63.66%
CDFT: 35.34%
Voltaic private: 1%
In 1984, Upper Volta changed its name and became Burkina Faso; then
the company voltaic des Fibres Textiles changed its name and became
the company Burkinabe des Fibres Textiles abbr.SOCIETE PATENE SANNUM
(S.P.S) with a new capital of four billion four hundred million franc
CFA (4,400,000,000) as follows:
State Burkina Faso: 65%
CDFT: 34%
Private Burkina Faso: 1%
With the entry of the producers (UNPCB) in capital in 1999 (of board
of Directors, June 15, 1999) the capital is now distributed as
follows:
State Burkina Faso: 35%
DAGRIS (ex-CFDT): 34%
National Union of Burkina Faso cotton producers: 30%
Private Burkina (BIB and BICIA-B): 1%

Following pressure from investors (ECOBANQUE (EC), International
Monetary Fund (BCEAO), the SOCIETE PATENE SANNUM (S.P.S) will lose the
in 2004; what led to the liberalization of the cotton sector. The
country therefore divided into 03 zones:
The West of the country operated by the SOCIETE PATENE SANNUM (S.P.S)
The Centre of the country operated by Burkina Faso contractors under
the name of Faso Cotton.

The East of the country operated by DAGARIS and door SOCOMA name
(company cotton of Gourma)

With the liberalization of the cotton in industry in 2004, and
following the difficulties encountered by cotton sector in 2006(the
problems of grant and world cotton prices), the SOCIETE PATENE SANNUM
(S.P.S) reviewed its capital upward (38,628 billion CFA FRANCS) in
2007.  We also produce some products like, Sesame Seed, Cashew Nut,
Soya Bean, Ginger, Cotton Seed, etc.

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Pastorchristiano

SOCIETE PATENE SANNUM (S.P.S)

Burkina Faso

Exporters

Worldwide

donkey hides, cow hides, sheep hides, camel hides, cashew nuts, shewbread nuts, maize, corn, ground nuts, gold dust, used rails

1991

26-50

-

Factory Information

OUAGADOUGOU BURKINA FASO

3000 sqm to 5000 sqm

10

More than 100 Million USD

51 - 60 people

Third Parties

41 - 50 people

PRIVATE

Buyer Label Offered

Other Information

More than 100 Million USD

Corporation Limited Liability Company

DAGARIS and door SOCOMA name (company cotton of Gourma)

More than 100 Million USD

94%

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