Al Khaleej Sugar and Cosumar among the bidders for Ethiopian Sugar’s assets
The government hopes that the windfall from the privatisation of six mills will help it repay debts owed by the state-controlled company, which is unable to keep up with demand in the country.
24/02/2020 at 16h05, by Africa Business+
According to Jeune Afrique Business+’s sources, Dubai’s Al Khaleej Sugar and Morocco’s Compagnie sucrière marocaine (Cosumar) are among the companies looking to gain a foothold in Africa’s second-most populous country by acquiring Ethiopian Sugar Corporation’s assets.