Nigerian billionaire and industrialist Aliko Dangote has announced the launch of a major sugar refinery project in Ghana, aimed at significantly reducing the country’s annual US$162 million sugar import bill.
The new facility, named Dangote Sugar Refinery, will be located in Kwame-Danso, Bono Region. In a LinkedIn post, Dangote expressed enthusiasm about the initiative, calling it “a new chapter” for Ghana’s agro-industrial landscape.
“We’re thrilled to announce the launch of a major agro-industrial project in Kwame-Danso, Bono Region: Dangote Sugar Refinery,” he wrote.
The project is expected to be a cornerstone of Ghana’s industrial development and will include:
A sugarcane crushing capacity of 12,000 tons per day
Irrigation across 25,000 hectares of farmland
Production of sugar, molasses, and ethanol
Dangote emphasized that all necessary permits and land acquisitions have been finalized. The refinery is being developed under the framework of Ghana’s One District, One Factory (1D1F) initiative, which seeks to boost local manufacturing and job creation across the country.
“With land secured and necessary permits obtained, we’re moving forward with the support of Ghana’s ‘One District, One Factory’ initiative. This project tackles Ghana’s US$162 million sugar import bill while fostering a sustainable, homegrown solution,” he stated.
He further highlighted the broader vision behind the investment:
“At Dangote, we envision more than just a factory. We see a catalyst for economic independence, job creation, and transformative impact across Africa. Join us in shaping the continent’s future.”
Source: thehabarinetwork