M&As, Funding & Investments

DP World will soon commence dredging works to deepen the harbour, while the refurbishment of the port’s quay walls is expected to be completed by the end of 2027. 

Strong shareholder demand has provided Dangote Sugar with fresh capital to strengthen its balance sheet and advance its large-scale domestic sugar production programme.

Nigeria is targeting higher sugar output through new financing, estate development and tighter enforcement of backward integration requirements.

The new bottling system will produce up to 20,000 bottles per hour and expand local packaging capacity for Asahi Super Dry and other beverage brands.

The payment forms part of efforts to clear long-standing worker arrears as Nzoia Sugar rebuilds operations following a major factory rehabilitation.