Sugar & Confectionery – M&A, INVESTMENTS & FUNDING

Mars will expand Australian manufacturing capacity, sustainability initiatives and AI-enabled production as part of a major long-term investment programme across seven facilities.

The inauguration illustrates the company’s commitment to entrepreneurship and local development across the continent.

The Nkoteng unit replaces the older Mbandjock installation, which no longer meets current technical requirements.

Dangote Sugar gains shareholder backing for N500bn capital raise to fund expansion, boost local production, and support Nigeria’s sugar self-sufficiency agenda.

Tongaat Hulett avoids immediate liquidation after securing additional funding, giving stakeholders time to negotiate a long-term rescue solution.