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Sugar
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Kenya leases four sugar factories to private firms in major sector revamp
Kenya transfers operations of four state-owned sugar firms to private millers under a 30-year lease to boost sector recovery.
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Zevia reports dip in Q1 2025 sales but exceeds EBITDA expectations
Zevia posts a 2% decline in quarterly revenue but achieves improved margins and stronger adjusted EBITDA through cost savings and innovation.
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Kenya’s Nzoia Sugar leased to Jaswant Rai in 30-year deal
Privatization deal promises debt settlement and job security but raises questions over transparency and market concentration.
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Aliko Dangote to establish sugar refinery in Ghana to cut reliance on imports, boost local industry
Dangote’s Ghana refinery project aims to slash import costs, create jobs, and support industrial development under Ghana’s 1D1F policy.
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Kenya moves to lease four sugar factories with stakeholder backing
Leasing plan gains support from unions and farmers as government pledges to safeguard jobs and clear pending dues.
