Nigerian businessman and billionaire, Aliko Dangote, has announced the establishment of a sugar processing factory in Ghana.
According to him, this is expected to address Ghana’s annual $162 million sugar import bill.
The sugar factory, Dangote Sugar Refinery, is located in the Bono Region.
In a post by Dangote on LinkedIn, he wrote: “A new chapter is unfolding in Ghana! We’re thrilled to announce the launch of a major agro-industrial project in Kwame-Danso, Bono Region: Dangote Sugar Refinery.”
This flagship project will feature:
– A daily cane crushing capacity of 12,000 tons
– Irrigation of 25,000 hectares
– Production of sugar, molasses, and ethanol
He also noted that the necessary documentation has already been secured, and this will support Ghana’s flagship “One District, One Factory” initiative.
“With land secured and necessary permits obtained, we’re moving forward with the support of Ghana’s ‘One District, One Factory’ initiative. This project addresses Ghana’s annual $162 million sugar import bill, fostering a local, sustainable, and impactful solution.
“At Dangote, we envision more than just a factory. We see a catalyst for autonomy, employment, and continental transformation. Join us in shaping Africa’s future!” he noted.
SSD/AE
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