Sugar & Confectionery
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Leading international consultants PwC, Ernst & Young raise bid to oversee privatization of Ethiopia’s sugar factories
ETHIOPIA – The privatization process of Ethiopia’s state-owned sugar factories is forging on, with two international consultants, PwC and Ernst & Young submitting their expression…
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Nigeria to still depend on sugar imports as cane sugar production is projected to decline by 7%
NIGERIA – Nigeria’s cane sugar production is projected to reach roughly 70,000 metric tons (MT) in marketing year (MY) 2021/22, down about 7% compared to…
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Dangote Sugar records 41.5% growth in revenue catapulted by surge in commodity price
NIGERIA – Dangote Sugar Refinery, one of Nigeria’s leading sugar processors has reported a 41.5% surge in first quarter (Q1) revenue, for the period ended…
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Egypt’s sugar production to rise by 3.7% boosted by sugar beets output
EGYPT – Egypt, one of the leading sugar producers in Africa is expected to registered a rise in output of the commodity in Marketing Year…
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Kenya’s sugar imports to decline by 37% following restrictive trade to boost local production
KENYA – Sugar production in Kenya is expected to increase by 8 percent in Marketing Year (MY) 2021/22 to 650,000 metric tonnes (MT) due to…