Kagera Sugar Limited, which is owned by the Super Group in Tanzania and backed by Norfund (Norwegian Investment Fund for Developing Countries), has interests in Oman, Democratic Republic of Congo ...

He said to date KSL had investment worth 180bn/-, with sugar production standing at 105,000 tonnes per year and expected to increase production to 200,000 tonnes by year 2029/30.

Tongaat Hulett has secured Kagera Sugar as a strategic equity partner in a deal that will see the Tanzanian sugar giant acquire the sugar assets of the troubled sugar producer and property group.

Out of eight preferred bidders for the strategic equity partnership, Kagera Sugar Limited, based in Tanzania, came out tops. The price of the acquisition has not yet been released. Kagera ...