Madhvani Group to Invest Rwf60bn in Kabuye Sugar Plant

15 Sep

newtimes.co.rw 13 Sept, 2016

Talks between the Government and Uganda-based sugar moguls, Madhvani Group, are at an advanced stage regarding the latter’s plans to expand Kabuye Sugar Works to a production capacity of up to 55,000 metric tonnes a year. The group have already submitted a proposal on the proposed expansion and modalities of cooperation with the government. As part of a new investment worth $75 million, the company will also venture in energy generation where they plan to produce 12 MW and 6 million litres of ethanol annually. Part of the energy generated will be used in the activities of the plant, while the surplus will be dispatched to the national grid.

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