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Sugar & Confectionery – M&A, INVESTMENTS & FUNDING
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USDA announces US$150M aid for sugar beet and sugarcane farmers amid market pressures
USDA unveils $150 million in direct support and $89.1 million in disaster relief for U.S. sugar producers facing falling prices and rising costs.
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Kenya sugar prices drop 4.37% in February after exit from COMESA import safeguards
Kenya’s retail sugar prices recorded the steepest monthly drop in nearly two years after the country exited COMESA import safeguards, allowing cheaper regional sugar supplies into the market.
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Tanzania invests US$273.3M in Kilombero sugar factory to achieve self-sufficiency
New Kilombero Four plant to double output and create thousands of jobs.
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Nestlé in talks to sell ice cream units to Froneri as CEO accelerates strategic restructuring
Nestlé advances portfolio overhaul, prioritizing coffee, petcare, and nutrition while negotiating ice cream business divestments.
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BUA Group, AD Ports Group and MAIR Group sign MoU to advance sugar refining and agro-industrial logistics
Strategic MoU targets food security, sugar refining, and logistics integration between West Africa and the Gulf.