Ghana: Dangote Launches $162 Million Sugar Refinery to Slash Imports and Boost Local Jobs

By iNewsAfrica Business Desk | May 12, 2025

Designed to process an impressive 12,000 tons of sugarcane daily, the refinery will be powered by a 25,000-hectare irrigated sugarcane plantation—positioning Ghana to cut down its annual sugar import bill, which currently stands at $162 million.

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Beyond sugar production, the facility will generate molasses and ethanol, supporting Ghana’s agro-processing and renewable energy sectors. This aligns with the government’s flagship “One District, One Factory” initiative aimed at decentralizing industrial growth and creating jobs in rural communities.

“This investment is a testament to Dangote’s confidence in Ghana’s economy and the broader vision of African industrialization,” said Kwaku Asare, Ghana’s Minister of Trade and Industry. “It marks a major step toward self-sufficiency and economic resilience.”

The project is also expected to strengthen regional trade under the African Continental Free Trade Area (AfCFTA), positioning Ghana as a key player in West Africa’s sugar market.

Aliko Dangote, speaking at the launch, stated, “We are not just building a factory; we are building an ecosystem that supports farmers, creates jobs, and promotes industrial self-reliance across Africa.”

iNewsAfrica will continue to monitor the impact of this landmark investment on Ghana’s economy and the region’s industrial future.

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