Belgian SIAT invests $100 million in Nigerian tycoon Rasheed Sarumi-led Presco
Billionaires Africa | 03.12.2025 20:52
Edo State is set to receive a $100 million foreign investment as Belgian agro-industrial group SIAT NV injects fresh capital into Presco Plc, Nigeria’s largest fully integrated agro-industrial palm processor, chaired by Rasheed Sarumi. The funding is part of a broader $1 billion plan to expand operations across the country over the next decade.