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Tag: sugar
Ethiopia: Israel to Finance Wolkayit Sugar Project
2014-02-04 07:09:32| Sugar Industry News
An Israel construction company, Natifa, secured a loan to be used to finance the Wolkayit Sugar development project from an Israeli bank. Reliable sources told The Reporter that Natifa has been negotiating with Israeli banks that could finance the Wolkayit Sugar factory that the Ethiopian Government planned to build in the Tigrai Regional State. Sources said that Natifa secured more than 100 million dollars loan for the project from an Israeli bank. Natifa is working with a local construction company, Yemane Girmay Construction. The public relations department of the Ethiopian Sugar Corporation said it is not aware of the said loan agreement. However, sources said that a loan agreement will be signed by the governments of Israel and Ethiopia in the near future.
Tags: project
finance
israel
sugar
Dangote Boosts Sugar Self Sufficiency with $35m Investment
2014-02-04 07:09:32| Sugar Industry News
Dangote Sugar has demonstrated its commitment to the realisation of the national sugar master plan with the purchase of farm machinery worth $35 million from Panafrican Equipment
Tags: investment
sugar
35m
boosts
Busari: Effective Implementation of Sugar Plan Will Boost the Economy
2014-02-04 07:09:32| Sugar Industry News
Recently, the federal government formulated the National Sugar Master Plan, which is a 10-year plan aimed boosting local production of the commodity. The Executive Secretary of National Sugar Development Council, Dr. Abdulateef Busari, spoke to Yemi Akinsuyi and other journalists on the activities of the council
Tags: plan
effective
economy
implementation
Mr Jamal Al Ghurair to give opening speech at The 10th Annual International Sugar Conference
2014-02-04 07:09:32| Sugar Industry News
Dubai, United Arab Emirates:- The Official Sugar Conference returns to Dubai this year, taking place at The Grand Hyatt Hotel from the 8th - 11th February 2014. Over 45 countries will be present at the 10th Anniversary Sugar Conference and as the tradition continues, Al Khaleej Sugar will be hosting the event alongside Kingman-Platts. It is expected that around 650 key players from the sugar industry will be present at this year's gathering. Al Khaleej Sugar Managing Director, Mr. Jamal Al Ghurair will give an opening speech at 9.00 a.m on Sunday 9th February 2014.
Tags: international
give
annual
conference
Unrealistic demands might harm sugar industry: Sharad Pawar
2014-02-04 07:09:32| Sugar Industry News
Union Agriculture Minister Sharad Pawar today warned that unrealistic demands would cause harm to the sugar industry in Maharashtra and it may meet the same fate as the defunct textile industry in Mumbai.
Tags: industry
sugar
demands
harm
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