Dangote

Dangote Sugar plans a $330 million rights issue to reduce debt, fund expansion and boost local sugar production under Nigeria’s backward integration strategy.

Dangote Sugar sharply reduced its 2025 losses as revenue climbed, supported by higher prices, improved volumes, and ongoing investments in local sugar production.

Thabo Mabe takes over leadership at Dangote Sugar following Ravindra Singhvi’s abrupt resignation.

The company strengthens its backward integration plan and unveils new product SKUs to boost local sugar production.

Dangote Sugar posts higher revenue and reduced losses as improved efficiency and lower finance costs bolster performance.