DANGOTE SUGAR REFINERY PLC

Industry

Biorefining, Crop protection, Fertilisers & plant nutrition, Food ingredients

Topics

Sugar, palm oil & agri-commodity processing

Role

Producer — “…is a leading Nigerian sugar producer and refiner, headquartered in Apapa, Lagos [1][2][3]. Incorporated in 200…”

Parent / group

Dangote Industries Limited

Why it is bioeconomy

Dangote Sugar Refinery Plc is a major Nigerian company focused on sugar refining and the development of integrated sugarcane plantations and milling operations as part of its backward integration strategy.

Found via

[Peer] Adecoagro (NYSE: AGRO); [Peer] Azucarera El Viejo S. A.; [Peer] Azucarera Nacional, S.A.; [Peer] Cerradão

Not yet cited as a supplier in a graded solution.

Subsidiaries: Nasarawa Sugar Company Limited · Dangote Adamawa Sugar Limited · Dangote Taraba Sugar Limited · Dangote Sugar (Ghana) Limited

• 2026-06 Latest status: The company successfully concluded a ₦485.9 billion rights issue in June 2026 to strengthen its capital structure. ↗ ↗ ↗
• 2026-08-14 Dangote Sugar Raises $356 Million in Share Sale to Trim Debt - Bloomberg
  Dangote Sugar Refinery Plc, Nigeria’s largest sugar producer, raised 486 billion naira ($356 million) in a rights issue, oversubscribed, to reduce debt and strengthen its capital after three years of losses. The funds will be used to trim leverage and bolster …
• 2026-09-28 Agusto & Co. hereby upgrades the ratings assigned to Dangote Sugar Refinery PLC to “A” (long-term) and “A1” (short-term), with a stable outlook  – Nigeria’s First Credit Rating Company
  Agusto & Co. upgraded Dangote Sugar Refinery PLC’s ratings to A (long-term) and A1 (short-term) with a stable outlook, following a successful ₦485.9 billion rights issue that strengthens its capital structure and supports deleveraging. The upgrade also …
• 2026-08-17 Dangote Sugar raises N498.57bn as rights issue attracts
  Dangote Sugar Refinery Plc raised about N498.57 billion through a rights issue, oversubscribed at 102.6% with strong shareholder backing to fund its “Sugar for Nigeria” backward integration to boost domestic sugar production and reduce import dependence.
• 2026-05-25 Dangote Sugar Refinery opens N485.9bn Rights Issue to fuel expansion - Businessday NG
  Dangote Sugar Refinery Plc has launched a N485.9 billion Rights Issue (out of a N500 billion ceiling) to fund balance-sheet restructuring and aggressive expansion, including backing the “Sugar for Nigeria” goal to boost domestic sugar production. The move aims …
• 2026-04-12 FG tasks Dangote on 600,000 MT sugar production target
  Dangote Sugar Refinery PLC (DSR) is being urged by the Nigerian government to scale its annual production to 600,000 metric tonnes by 2030, as part of Nigeria’s sugar self-sufficiency goals, with government support to accelerate the expansion. The company has …
• 2026-04-20 Dangote Sugar Refinery gets shareholders’ approval for N500bn Rights Issue - Businessday NG
  Dangote Sugar Refinery Plc has won shareholder approval to raise N500 billion via a Rights Issue (subject to regulatory clearance), aims to expand capacity and upstream sugar production under Nigeria’s Backward Integration and National Sugar Master Plans, and …

Ownership & investors 4

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