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African Conservation, Cora Form Gabonese Forestry Company

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Bloomberg Green   |  Mar 31, 2022

The merger between African Conservation’s Grande Mayumba Development Co. and Cora Wood Gabon, will result in the investment of 30.5 million euros ($34 million) by 2026 to boost timber-processing capacity with a new factory to be built in southern Gabon.

African Conservation, Cora Form Gabonese Forestry Company

African Conservation, Cora Form Gabonese Forestry Company

African Conservation Development Group and Cora Group of Italy will form a sustainable forestry venture that will oversee 400,000 hectares (988,400 acres) of concessions in southern Gabon and a timber-processing facility in Port Gentil.

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