Dossier
Afrox
Coverage of Afrox in the Nexus archive.
- 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.