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Dangote
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Dangote refinery supplies jet fuel to Ethiopian Airlines as Africa seeks energy independence
For food exporters, localized jet fuel production could reduce regional logistics costs.
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Dangote Sugar secures shareholder approval for US$371.2M rights issue
Dangote Sugar gains shareholder backing for N500bn capital raise to fund expansion, boost local production, and support Nigeria’s sugar self-sufficiency agenda.
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Nigeria directs Dangote Sugar to reach 600,000 Tonnes output by 2030 to cut import dependence
Nigeria pushes Dangote Sugar to boost local output to 600,000 tonnes by 2030 as part of a broader strategy to reduce imports and achieve sugar self-sufficiency.
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Dangote Sugar to raise US$330M via rights issue to fund expansion and strengthen balance sheet
Dangote Sugar plans a $330 million rights issue to reduce debt, fund expansion and boost local sugar production under Nigeria’s backward integration strategy.
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Dangote Sugar Refinery Plc cuts losses in 2025 as revenue surges to US$432.6M
Dangote Sugar sharply reduced its 2025 losses as revenue climbed, supported by higher prices, improved volumes, and ongoing investments in local sugar production.