/ The Nigerian billionaire expands his industrial empire with a major agro-processing investment aimed at reducing Ghana’s sugar import dependency.
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New sugar refinery in Bono to boost local production, create jobs, and reduce Ghana’s reliance on sugar imports. |
Nigerian billionaire Aliko Dangote has officially announced the launch of a massive sugar processing factory in Ghana, a strategic investment expected to significantly slash the country’s $162 million annual sugar import bill.
In a post shared on LinkedIn, Dangote revealed that the factory, named Dangote Sugar Refinery, is located in Kwame-Danso in the Bono Region and represents a major agro-industrial milestone not just for Ghana, but for Africa's quest for industrial self-sufficiency.
The sugar refinery will feature:
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✅ A daily cane crushing capacity of 12,000 tons
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✅ Irrigation development over 25,000 hectares
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✅ Production of refined sugar, molasses, and ethanol
Dangote emphasized that the necessary land and documentation have been secured, and the project is backed by Ghana’s “One District, One Factory” industrialization policy, aimed at decentralizing 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 addresses Ghana’s annual $162 million sugar import bill, fostering a local, sustainable, and impactful solution,” Dangote wrote.
In his announcement, Dangote projected a vision beyond economic returns. He positioned the sugar factory as a symbol of African industrial autonomy, job creation, and cross-border collaboration.
“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 added.
This initiative is part of the Dangote Group’s broader commitment to African economic transformation through local value chains, sustainable agriculture, and infrastructure-led development.
The Bono Region stands to benefit significantly from this investment. The project is expected to create thousands of direct and indirect jobs, uplift surrounding communities, and contribute to Ghana’s GDP through exports of sugar and ethanol.
The project will also reduce Ghana’s reliance on imported sugar from Brazil, India, and Thailand—helping stabilize the cedi and strengthen the country’s foreign reserves.
Construction is expected to begin soon, with operational timelines to be announced. The Ghanaian government has welcomed the investment, citing it as a model for public-private collaboration under Ghana’s industrial transformation strategy.
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