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Sugar & Confectionery – AFRICAN & MIDDLE EAST NEWS
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Lotus Chocolate Q3 FY26 profit plunges 96% as costs rise despite revenue growth
Reliance-backed Lotus Chocolate reports sharp profit decline in Q3 FY26 amid higher expenses and business model transition.
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India sugar exports reach 180,000 tons as prices ease, rupee weakens
ndian sugar mills resume limited exports as domestic prices cool, offering brief relief to global markets amid rising supply.
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Nzoia Sugar resumes milling after seven-month shutdown following West Kenya Sugar lease
Factory restarts operations after major rehabilitation, targeting full capacity milling and expanded cane development.
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Kenya exits COMESA sugar safeguard after 24 years as industry enters Nnew competitive phase
The move signals a shift from trade protection toward competitiveness, diversification, and regional integration in Kenya’s sugar sector.
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BUA Foods nears completion of Nigeria’s largest integrated sugar facility in Kwara State
The Lafiagi project aims to boost domestic sugar production, generate power and ethanol, and support Nigeria’s backward integration policy.