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Afrox

Coverage of Afrox in the Nexus archive.

Earliest in view: Jul 3 · 10:31 UTCMost recent: Jul 3 · 10:31 UTC
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  • BUSINESSJul 3 · 10:31 UTCSEMAFOR
    Billionaire maps next chapter for southern Africa sugar giant

    South African billionaire Robert Gumede's consortium acquired Tongaat Hulett, a struggling sugar producer, and plans to transform it into an energy and biofuel company by leveraging sugarcane by-products for electricity, medical oxygen, and ethanol. The strategy includes expanding grower networks, creating jobs, and advocating for government policies to support biofuel adoption in southern Africa.