Saturday 23 November 2024
 
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Kenana

Sudan to sell stakes in four sugar plants

Sudan, struggling with economic crisis and a budget deficit, plans to sell stakes in four state-owned sugar plants to attract partners, the official news agency SUNA said. The African country has been trying to boost its sugar out

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Sudan to sell stakes in four sugar plants

Sudan, struggling with economic crisis and a budget deficit, plans to sell stakes in four state-owned sugar plants to attract partners, the official news agency SUNA said. The African country has been trying to boost its sugar out

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Sudan firm to export animal feed to Gulf

Sudan's biggest sugar producer plans to export up to 50,000 tonnes of animal feedstock annually to Arab Gulf countries. Kenana is one of the few Sudanese companies outside the gold industry attracting large amounts of foreign

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Sudan's sugar firm eyes $200m from S.Africa IPO

Kenana, Sudan's biggest sugar producer, plans to raise around $200 million in an initial public offering in Johannesburg next year, its managing director said. Last week, the Khartoum-based firm said it planned to make next ye

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Sudan's top sugar firm plans biofuel expansion

Kenana, Sudan's biggest sugar producer, plans to more than triple its ethanol output within two years to become a major biofuel exporter and intends to make a stock market offering in South Africa, its managing director said.

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Sudanese group to set up $1bn agri equity fund

Kenana Sugar Company, a leading Sudanese sugar company, has signed an agreement with Egypt's Beltone Financials to set up a $1 billion private equity fund management company for agriculture projects. The joint venture will be the first

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Beltone, Kenana to invest $1bn in farms

Egypt's Beltone Private Equity and Sudan's Kenana Sugar Company have agreed to set up a firm to invest up to $1 billion in large-scale agriculture projects in both countries, Beltone said in a statement on Wednesday. Kenana, which

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