A new build KES5 billion (US$44 million) sugar factory owned by the Rai family will start milling sugar in the first quarter of the year.
Uganda-based Sarrai Group secured a 20-year lease for assets of the ailing Mumias Sugar Company and consequently the mandate to revive the collapsed miller, having emerged winner of the bidding that lasted over four months, the miller’s receiver-manager Pongangipalli Venkata Ramana Rao has disclosed.
Pan-African lender Ecobank and French development financier Proparco have seized the prime assets of the debt-ridden miller Mumias Sugar from KCB Group, setting the stage for a vicious court battle that could throw the planned leasing of the ailing miller into disarray
Kenya – Government launches app supplying new technical advances to drive cane production [Registered]
The Sugar Directorate has launched an application aimed at providing sugarcane farmers access to the latest technical developments from the KALRO Sugar Research Institute through their mobile handsets.
Kenya – In 2020, smuggled sugar represented 48% of the contraband goods in the country [Full subscriber]
Drop in sugar output from high production costs and mismanagement of factories over the past two decades have led to illicit trade in sugar. According to the National Crime Research Centre, in 2020, sugar made up 48% of the goods smuggled into the country.
The Kenyan government is entirely responsible for problems facing the sugar industry, according to the Kenya Association of Manufacturer’s (KAM) Sugar Sub-Sector report.
Sugarcane farmers have welcomed the move by the government to increase cane prices delivered to millers by 8%, according to local press reports.
Vuma Biofuels is exploiting bagasse it has access to from two cane sugar factories to produce fuel briquettes.
The Kenyan government has decided not to sell its sugar mills but rather lease them as part of a plan that will see it maintain control of the industry, reported Bloomberg.
The Mauritian sugar producer Alteo plans to build a new 25 MW bagasse-based cogen plant at its Kilgoris sugar factory managed by its subsidiary Transmara Sugar Company. The investment for the project is expected to be KES4.7 billion (US$45 million), according to local press reports.