Sugar & Confectionery – LATEST NEWS
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Investors to build US$11.3M sugar factory in Siaya as Kenya expands local sugar production
The proposed sugar mill will source cane from thousands of outgrowers, produce 138 tonnes of sugar daily and generate captive power to support its operations.
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Kinyara Sugar to pay US$1.51M cash top-up to sugarcane farmers for 2025/26 financial year
The additional payments will benefit eligible sugarcane farmers, reflecting Kinyara Sugar’s annual pricing mechanism and continued support for Uganda’s outgrower farming model.
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Zimbabwe sugar industry rebounds in 2026, Hippo Valley Estates reports strong revenue and profit growth
Hippo Valley Estates reported robust financial growth as Zimbabwe’s sugar industry benefited from higher domestic demand, surging exports, improved consumer spending and favourable agricultural conditions.
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Associated British Foods warns sugar business will remain loss-making until 2028
Associated British Foods expects its sugar division to remain under pressure as rising energy costs, lower sugar prices and weaker volumes continue to impact profitability.
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AWL Agri Business acquires Madhur sugar brand
AWL Agri Business has acquired the Madhur sugar brand, strengthening its portfolio of household staples and expanding its presence in India’s branded consumer sugar market.